Mumbai, Feb. 10 -- Market regulator Securities and Exchange Board of India (SEBI) has proposed to significantly reduce the minimum value of investment by individual investors in Social Impact Funds (SIFs) in a bid to deepen participation and strengthen the Social Stock Exchange (SSE) framework.

In a consultation paper for public comments published on Monday, SEBI said that, based on deliberations held with the Social Stock Exchange Advisory Committee (SSEAC), it has proposed to reduce the minimum value of investment by individual investors in SIFs from rupees two lakh to rupees one thousand.

It stated, "Based on the deliberations held with the SSEAC, it is proposed to reduce the minimum value of investment by individual investors in SIF...