After foreign institutional investors (FIIs) turned net sellers in the Indian stock markets in 2011, the finance ministry came out with a mechanism to arrest market volatility in the new year. The ministry on Sunday decided to allow foreign individuals and pension funds, as well as other entities, to invest directly in equity markets. The individual and aggregate investment limit for these investors would be capped at five per cent and 10 per cent, respectively, of the Indian company’s paid-up capital. These limits will not include FII and NRI investment ceilings
http://www.business-standard.com/india/news/qfis-can-invest-directly-in-indian-equity-markets/460418/
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