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Mutual funds may have higher limits to invest in overseas securities

Author: External Author |

Article by Business Law Chamber

The Securities and Exchange Board of India and the Reserve Bank of India are discussing a proposal to raise the overseas investment limit for Indian mutual funds by as much as 25%, as the funds have nearly reached the current limit of $7 billion, three people familiar with the matter said.

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Original Article Source Credits:  The Economic Times ,

Article Written By:  Saikat Das & Pavan Burugula

Original Article Posted on:  Feb 15, 2022

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