Who is HNI as per sebi?

Anup_2018 · August 16, 2018, 5:47pm

according to sebi who is an HNI ? there are different descriptions of this term from different sources

Vandana1 · August 16, 2018, 5:51pm

People like Rakesh Jhunjhunwala

Anup_2018 · August 16, 2018, 5:53pm

yes thats true but what is the accurate parameter based on which sebi determines about this status?

Vandana1 · August 16, 2018, 6:20pm

Generally in the Indian context, individuals with over Rs. 2 crore investible surplus are considered to be HNIs while those with investible wealth in the range of Rs. 25 lac - Rs. 2 crore are deemed as Emerging HNIs.

Anup_2018 · August 16, 2018, 6:32pm

got it now…thank you!