Which bank increased Overseas Investment limits for Mutual Funds? – InterviewSolution

InterviewSolution

1.	Which bank increased Overseas Investment limits for Mutual Funds?
Answer» 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.

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