News From Press Mutual funds top on use of P-Notes; Top-10 FPIs have 73% share

Mutual funds top on use of P-Notes; Top-10 FPIs have 73% share

Source: Business Standard May 23, 2016

Amid concerns over possible misuse of always-in-controversy PNotes, mutual funds have emerged as the top users of these offshore instruments for investing in Indian markets with a share of over 60 per cent.

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