Re-opening of international mutual funds: What does it have in store for you?
Updated: 24 Jun 2022, 12:32 PM IST
TL;DR.
The Sebi has allowed asset management companies (AMCs) to start accepting fresh flows in international mutual fund schemes investing in overseas stocks.Mutual funds can make overseas investments up to $1 billion per fund house, with the overall industry limit of $7 billion.