P - Notes -
Participatory Notes = P-Notes
P - Notes are
mostly used by overseas HNIs (High Networth Individuals), hedge funds &
other foreign institutions, to invest in Indian markets through registered
Foreign Institutional Investors (FIIs), while saving on time & costs
associated with direct registration.
According to the data released by Securities and Exchange Board of
India (SEBI), the total value of P - Note investments in Indian markets
(Equity, debt & derivatives) increased from Rs. 2,11,499 crore in August to
Rs. 2,22,394 crore at the end of September, 2014.
No comments:
Post a Comment