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Enhancement of Overseas Investment limits for Mutual Funds - SEBI - SEBI/HO/IMD/DF3/CIR/P/2020/225

Extract

..... decided to enhance the investment limits per Mutual Fund as follows: 1.1. Mutual Funds can make overseas investments subject to a maximum of US $ 600 million per Mutual Fund, within the overall industry limit of US $ 7 billion. 1.2. Mutual Funds can make investments in overseas Exchange Traded Fund (ETF(s)) subject to a maximum of US $ 200 million per Mutual Fund, within the overall industry limit of US $ 1 billion. 2. The allocation methodology of the aforementioned limits shall be as follows: .....

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Enhancement of Overseas Investment limits for Mutual Funds - SEBI

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..... / Overseas ETFs, an investment headroom of 20% of the average AUM in Overseas securities / Overseas ETFs of the previous three calendar months would be available to the Mutual Fund for that month to invest in Overseas securities / Overseas ETFs subject to maximum limits specified at Para 1, as the case maybe. 3. Further, Mutual Funds shall report the utilisation of overseas investment limits on monthly basis, within 10 days from end of each month. The format for reporting is enclosed at Annexur .....

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Enhancement of Overseas Investment limits for Mutual Funds - SEBI

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..... Unutilized Balance Amount (in USD mn) (7) New Fund Offers (NFOs) - Overseas ETFs Name of the Mutual Fund (1) Name of the Scheme (2) Intended Investment as disclosed in Scheme Documents (in USD mn) (3) Date of completion of NFO (4) Date of completion of 6 calendar months from (4) (5) Limit utilized as at the month end DD/MM/YYYY (in USD mn) (6) Unutilized Balance Amount (in USD mn) (7) Ongoing Schemes Particulars Name of the Mutual Fund (1) Limit utilized as at the end of previous month DD/MM/YY .....

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Enhancement of Overseas Investment limits for Mutual Funds - SEBI

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