9.10.3. Foreign Institutional Investors

♤ FIIs comprise of a pension fund, a mutual fund, investment trust, insurance company or a reinsurance company.

♤ According to SEBI, “an FII is an institution established or incorporated outside India which

proposes to make investment in India in securities”.

♤ FII is an institution that is registered under the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995.