scorecardresearchSome mutual funds resume subscription to global funds after a gap of five months

Some mutual funds resume subscription to global funds after a gap of five months

Updated: 22 Jun 2022, 10:28 AM IST
TL;DR.
Capital market regulator SEBI had directed AMCs to stop accepting fresh inflows into overseas schemes after the $7-billion investment threshold was breached
AMFI clarified that AMCs can utilise the headroom available in the overseas investment limit created due to redemptions.

AMFI clarified that AMCs can utilise the headroom available in the overseas investment limit created due to redemptions.