Till now, a person (besides investing in listed stocks) could invest up to 10% in a foreign ‘holding’ or an unlisted investment company – often created by a group of HNI investors coming together. This investment vehicle in turn traded in financial derivatives and cryptos which are disallowed under the LRS.
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and