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Mutual funds can resume investing in international stocks: SEBI
short by Ashley Paul / on 21 Jun 2022,Tuesday
Market regulator SEBI has permitted mutual funds to again invest in foreign stocks within the aggregate mandated limit of $7 billion. SEBI has also set a separate limit of $1 billion for investment in overseas exchange-traded funds. SEBI had asked mutual funds to stop investing in foreign stocks to avoid breach of the industry-wide overseas limit it had set.
short by Ashley Paul / 09:13 pm on 21 Jun
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