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:
The Union Cabinet has approved the strategic stake sale of IDBI Bank to Canada Inc.…
On October 14, 2026, fourteen-year-old British photographer Oscar Whitfield was named the Young Wildlife Photographer…
The Wholesale Price Index inflation for India climbed to 11.39% in September 2026, as compared…
The ratification of the agreement between India and Russia regarding temporary employment will help to…
The Thermal Infra-Red Imaging Satellite for High-resolution Natural Resource Assessment (TRISHNA) is an international Earth…
India is one of the seven nations that want to host the Summer Olympic Games…