Mumbai, Nov. 5 -- The Securities and Exchange Board of India (SEBI) on Thursday revised its accredited investor framework, allowing fund and portfolio managers to directly determine investors' accreditation status while introducing securities market exposure thresholds of Rs 5 crore and Rs 20 crore for different categories of investors.

In a circular issued on Thursday, the market regulator said the changes aim to simplify and expedite the accreditation process following amendments to the SEBI (Alternative Investment Funds) Regulations, 2012, notified on October 15, 2026.

"With an objective to ease and expedite the process of accreditation, the SEBI (Alternative Investment Funds) Regulations, 2012 ('AIF Regulations'), have been amended ...