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    • MF News Sebi notifies norms for mutual funds managing offshore money

    Sebi notifies norms for mutual funds managing offshore money

    Simplifying norms for domestic funds to manage offshore pooled assets, Sebi has dropped 20-25 rule, which required a minimum of 20 investors and a cap of 25 per cent on investment by an individual, for funds from low-risk foreign investors.
    Source: Economic Times May 20, 2015

    Simplifying norms for domestic funds to manage offshore pooled assets, Sebi has dropped 20-25 rule, which required a minimum of 20 investors and a cap of 25 per cent on investment by an individual, for funds from low-risk foreign investors.

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