Sebi permits mutual funds to invest in overseas funds with limit on exposure to Indian securities | Stock Market News

Sebi permits mutual funds to invest in overseas funds with limit on exposure to Indian securities | Stock Market News

Source: Live Mint The Securities and Exchange Board of India (Sebi) has permitted mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a portion of their assets in Indian securities. Through this regulation, Sebi aims to ease investments in overseas mutual funds and bring transparency to investments. “In order to…

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