Securities And Exchange Board Of India - Subsection
Section 15A(7)(iii) in Securities And Exchange Board Of India (Foreign Institutional Investors) Regulations, 1995
(iii)any broad based fund or portfolio incorporated or established outside India or proprietary fund of a registered foreign institutional investor or university fund, endowment, foundation, charitable trust or charitable society whose investments are managed by a person covered by clauses (i), or (ii) above.]