Saturday, 7 November 2020
Securities and Exchange Board of India (SEBI) has enhanced the funding limits for Mutual Fund firms for abroad investments. Mutual Funds could make abroad investments topic to a most of US $ 600 million per Mutual Fund, inside the general business restrict of US $ 7 billion. Earlier it was USD 300 million.
WARRIOR 4.0 | | |
Mutual Funds could make investments in abroad Exchange Traded Fund (ETF) topic to a most of US $ 200 million per Mutual Fund, inside the general business restrict of US $ 1 billion. Earlier it was Rs 50 million.
Important takeaways for all aggressive 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 government: Ajay Tyagi.
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