SEBI increases Overseas Investment limits for Mutual Funds

Securities and Exchange Board of India (SEBI) has enhanced the investment limits for Mutual Fund companies for overseas investments. Mutual Funds can make overseas investments subject to a maximum of US $ 600 million per Mutual Fund, within the overall industry limit of US $ 7 billion. Earlier it was USD 300 million.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

Mutual Funds can make investments in overseas Exchange Traded Fund (ETF) subject to a maximum of US $ 200 million per Mutual Fund, within the overall industry limit of US $ 1 billion. Earlier it was Rs 50 million.

Important takeaways for all competitive exams:

  • Securities and Exchange Board of India Founded: 12 April 1992.
  • Securities and Exchange Board of India Headquarters: Mumbai.
  • Securities and Exchange Board of India Agency executive: Ajay Tyagi.

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