
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)Â 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:Â 12 April 1992.
- Securities and Exchange Board of India Headquarters:Â Mumbai.
- Securities and Exchange Board of India Agency executive:Â Ajay Tyagi.








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