Enhancement of Overseas Investment limits for Mutual Funds

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..... 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: 2.1. In case of overseas investments specified at Para 1.1, US $ 50 million would be reserved for each Mutual Fund individually, within the overall industry limit of US $ 7 billion. 2.2. New Fund Offers (NFOs) : Mutual Funds launching new schemes intending to invest in Overseas securities / Overseas ET .....

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..... India Act, 1992 , read with Regulation 77 of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Bithin Mahanta General Manager Tel no.: 022-26449634 Email: bithinm@sebi.gov.in Annexure A Overseas Investments Report as on DD/MM/YYYY New Fund Offers (NFOs) - Overseas Investments (other than 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 completio .....

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..... zed as at the end of previous month DD/MM/YYYY (in USD mn) (2) Average AUM for previous three calendar months (3) Additional Limit /Headroom available based on 20% of (3) (4) Limit utilized as at the month end DD/MM/YYYY (in USD mn) (5) % of (5) on maximum entitled investment limit (6) Unutilized Balance Amount within maximum limit allowed (in USD mn) (7) Overseas Investments (other than Overseas ETFs) Overseas ETFs .....

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