Investment in ADRs/GDRs/Foreign Securities and overseas ETFs by Mutual Funds

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..... EBI/IMD/CIR No.13/83589/07 January 4, 2007 All Mutual Funds Registered with SEBI Association of Mutual Funds in India (AMFI) Dear Sirs, Re: Investment in ADRs/GDRs/Foreign Securities and overseas .....

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..... ith a sub-ceiling for individual mutual funds which should not exceed 10% of the net assets managed by them as on March 31 of each relevant year and subject to a maximum of US $150 mn. per mutual fund .....

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