Individuals, family trusts and certain other entities are referred to as 'Accredited Investors. The concept of Accredited Investor in the context of private equity funds is described in the SEBI paper titled: 'Introduction of framework for Accredited Investors in securities market' available at: https://www.sebi.gov.in/sebi_data/meetingfiles/jul-2021/1626434827210_1.pdf Accredited Investors are defined in SEBI's AIF Regulations, 2012