Why you shouldn’t already celebrate India’s mutual fund diversification strategy

While SEBI has allowed domestic mutual funds to invest in overseas funds, the cap set by the RBI for such funds could defeat the purpose of the market regulator’s move.

6 November, 20246 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Why you shouldn’t already celebrate India’s mutual fund diversification strategy

You may also like

Business
Story image

SEBI’s overdue expansion is underway, but top-level gaps persist

India’s market regulator is looking to ramp up hiring at the entry level. But what really needs attention is the constant uncertainty at the top and the lack of domain experts.

Business
Story image

The Rs 590-crore blame game at IDFC First Bank

Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.

Business
Story image

Exclusive: Jana Small Finance Bank to reapply for universal bank licence in May

The Bengaluru-based lender is once again gearing up to seek the RBI’s nod after the central bank returned its application last year.