SEBI enhances foreign investment limits for Mutual Funds; Now MFs can make overseas investments up to USD 600 million

The market regulator, SEBI has decided to enhance the investment limits per Mutual Fund. As a result, Mutual Funds can make overseas investments subject to a maximum of US USD 600 million per Mutual Fund, within the overall industry limit of US USD 7 billionThe market regulator, SEBI has decided to enhance the investment limits per Mutual Fund. As a result, Mutual Funds can make overseas investments subject to a maximum of US USD 600 million per Mutual Fund, within the overall industry limit of US USD 7 billiontaxmann.com Latest Statutory HappeningsRead More

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