March 31, 2023
  • Securities and Exchange Board of India (SEBI) has increased overseas investment limit for local mutual funds.


  • With this, mutual funds can make overseas investments to a maximum of US $ 1 billion per Mutual Fund out of overall industry limit of US $ 7 billion.
  • While in overseas Exchange Traded Fund, mutual funds can invest a maximum of US $ 300 million per Mutual Fund with industry limit of US $ 1 billion.
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