The Securities and Exchange Board of India (SEBI) has announced that Indian mutual funds are now permitted to invest in overseas funds that provide exposure to Indian securities.
Indian mutual funds can invest in overseas funds, but the exposure to Indian securities must not exceed 25% of the total assets of those funds.
SEBI – INDIAN MUTUAL FUNDS CAN INVEST IN OVERSEAS FUNDS WITH EXPOSURE TO INDIAN SECURITIES || SEBI – INDIAN MUTUAL FUNDS CAN INVEST IN OVERSEAS FUNDS WITH INDIA EXPOSURE NOT MORE THAN 25% OF ASSETS
SEBI CAUTIONS INVESTORS ON VIRTUAL TRADING, GAMING PLATFORMS LINKED TO STOCK…
— RedboxGlobal India (@REDBOXINDIA) November 4, 2024
In a separate advisory, SEBI has cautioned investors about virtual trading and gaming platforms linked to stock prices. SEBI has identified these platforms as operating in violation of securities regulations.
