SEBI Introduces Single-Window Access for Low-Risk Foreign Investors in Indian Stock Market
SEBI launches SWAGAT–FI single-window system to simplify investments for low-risk foreign investors, easing compliance and boosting access to India’s stock market.
SEBI announces SWAGAT–FI single-window access for low-risk foreign investors in the Indian stock market.

New Delhi: SEBI, the securities market regulator in India, has taken a significant policy decision to open up the share market to low-risk foreign investors. The regulator has created a new system to handle all transactions in the domestic stock market through a single window, which will make the investment process faster and clearer.
Under the new framework, SEBI has launched the Single Window Automatic and Generalised Access for Trusted Foreign Investors (SWAGAT–FI) guidelines. The initiative is expected to attract more foreign capital by unifying multiple investment routes and easing compliance procedures for eligible institutions.
Who Qualifies as Low-Risk Foreign Investors?
SEBI has included the following categories under the low-risk investor list:
Government funds
Central banks
Sovereign wealth funds
Multilateral institutions
Highly regulated public retail funds
Well-regulated insurance companies
Pension funds
Separate notifications have been issued for Foreign Portfolio Investors (FPIs) and Foreign Venture Capital Investors (FVCIs) under the SWAGAT–FI guidelines.
To align with the new system, SEBI has amended its existing regulations accordingly. The updated rules will officially take effect from June 1, 2026, following approval by the SEBI Board in September.
The move is expected to further boost foreign inflows by offering a streamlined, compliance-friendly investment environment.

