WebMar 23, 2024 · The mutual fund industry has now almost reached the $37 billion mark, and hence no more fresh investments are being accepted. This will be effective from Feb 1, … WebFeb 1, 2024 · Copious sums of money chased these funds. In September 2024, pure-play international funds managed a little over ₹6,000 crores. But by September 2024, that jumped 3x to a whopping ₹21,100 crores. And 14 years after the $7 billion limit was set, the mutual fund industry found that they were perilously close to breaking the law.
Lumpsum investments in MF schemes with overseas exposure …
Web1 day ago · You are investing in an international fund that invests in overseas stocks. Most international funds stopped accepting money after the mutual fund industry breached the overall limit prescribed by the RBI. Some again started accepting money after huge falls in the overseas stock market. WebMar 28, 2024 · FPIs invested a net sum of INR 30,385 crore in equities during November 1-18, 2024. Nov 07, 2024. JM Financial PE leads Rs 95 cr investment in Silveredge Tech. Nov 07, 2024. Reliance Industries is set to acquire German retailer METRO AG's Cash & Carry business in India in a deal estimated at around 500 mn euros. my go to msn homepage
SEBI Restricts Overseas Investments By Mutual Funds; why?
WebJun 21, 2024 · Earlier, the Association of Mutual Funds in India had capped mutual funds investment in global markets at the February-level as it was nearing the overall limit of $7 … WebFeb 21, 2024 · Hence, the Securities and Exchange Board of India (SEBI) came up with guidelines for mutual fund industry players to meet the limit. The aggregate industry-level … WebJan 31, 2024 · The enhanced limit will be applicable only after the RBI issues a circular. “Sebi officials felt till such a circular is issued, fund houses should not make any incremental … ogryn head