News From Press Investors embrace LRS option as overseas mutual funds stay frozen

Investors embrace LRS option as overseas mutual funds stay frozen

Source: Mint May 30, 2022

Indian investors are making the most of a Reserve Bank of India (RBI) scheme to invest in overseas debt and equity with the RBI and the Securities and Exchange Board of India (Sebi) yet to take a call on raising the overseas investment limit for mutual funds, after the funds hit the limit of $7 billion.

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