SEBI has outlined new modalities for Accredited Investors, introducing an optional Manager-Led Accreditation route with a 3-year validity alongside revised market exposure thresholds and. New framework introduces manager-led accreditation as an additional route, provides three-year validity and expands the securities eligible for meeting the minimum exposure. Sebi simplifies accredited investor framework, allowing fund managers to certify status for AIFs, SIFs, and PMS.