SEBI Proposes Rs 1,000 Minimum Investment in Social Impact Funds, Eases NPO Norms

• SEBI proposes reducing minimum investment in Social Impact Funds (SIFs) for individuals from Rs 2 lakh to Rs 1,000.
• The reduction applies to SIFs investing in NPO securities registered or listed on the Social Stock Exchange (SSE).
• Aims to attract small investors and boost capital flow to social enterprises via pooled investment vehicles.
• SEBI also suggests extending NPO registration on SSE from two to three years for non-fundraising entities.
• Proposes easing ZCZP issuance minimum subscription from 75% to 50% for projects with clear per-unit costs.