Versuchen GOLD - Frei

Sebi allows AMCs to invest in overseas mutual funds, unit trusts

The Morning Standard

|

November 05, 2024

DOMESTIC asset management companies (AMCs) can now invest in overseas mutual funds and unit trusts (UTs) that have exposure to domestic securities if such exposure is not more than 25% of their total assets.

In a circular issued Monday, the Securities and Exchange Board (Sebi) said to be eligible to invest, the target overseas MFs/UTs must be managed by an independent investment manager/fund manager who is actively involved in making all investment decisions for the fund.

The circular further said to be eligible for investment by domestic funds, the target overseas funds should meet the following conditions.

WEITERE GESCHICHTEN VON The Morning Standard

The Morning Standard

The Morning Standard

Designs that pop

ART is often confined to frames, but Delhi-based designer Raseel Gujral Ansal invites it to live. In the new limited-edition collection, 'Inscape', years of her vision and craftsmanship for Casa Paradox come together in a new form.

time to read

1 mins

January 09, 2026

The Morning Standard

The Morning Standard

US pulls out of India-led body, 65 other panels

IN a setback to global climate cooperation, United States President Donald Trump has formally withdrawn the US from the International Solar Alliance (ISA), a flagship renewable energy initiative coled by India and France, seen as a sharp shift away from multilateral climate engagement.

time to read

1 mins

January 09, 2026

The Morning Standard

POLICING CANNOT BE A UNIVERSITY'S FIRST RESPONSE TO PROTEST

ONCE again, Jawaharlal Nehru University has found itself in the middle of a political storm.

time to read

1 mins

January 09, 2026

The Morning Standard

The Morning Standard

Didi crashes ED’s raid party, seizes docs

THE Enforcement Directorate (ED)'s raids at the office of political consultancy firm I-PAC and the residence of its director Pratik Jain in Kolkata on Thursday in connection with a money laundering probe turned into high drama as West Bengal Chief Minister Mamata Banerjee stormed in and took away some documents.

time to read

1 mins

January 09, 2026

The Morning Standard

The Morning Standard

Madhav Gadgil, the people’s scientist who gave Nature a voice

MADHAV Gadgil, the ecologist many called the people's scientist, passed away in Pune on the night of January 7, after a brief illness. He was 83.

time to read

1 mins

January 09, 2026

The Morning Standard

The Morning Standard

WHY OIL’S NOT WELL IN VENEZUELA

ON the third night of the new year, the Caracas skyline was dotted with explosions.

time to read

3 mins

January 09, 2026

The Morning Standard

IN SEARCH OF A SAFE COUNTRY

THERE is a small but impactful pattern that I've recently observed on social media in which Indian women go abroad - either on vacation or for work, and sometimes as migrants - and speak openly in reels about what they are basking in, away from here: “freedom”.

time to read

2 mins

January 09, 2026

The Morning Standard

KISAN YATRA: Farmers to reach Delhi on March 19 for MSP hike

SEVERAL farmers' organisations are back in action with their old demand of getting an assured purchase price for their produce.

time to read

1 min

January 09, 2026

The Morning Standard

The Morning Standard

More tariff terror as Don OKs bill on Russian curbs

Republican Senator Lindsey Graham claims Trump 'greenlit' a bill that could impose up to 500% levy on India for buying Russian oil

time to read

2 mins

January 09, 2026

The Morning Standard

STRAYING FROM THE POINT

THE Supreme Court seems to be chasing its own tail in the matter of stray dogs.

time to read

1 min

January 09, 2026

Listen

Translate

Share

-
+

Change font size