Direct investment in overseas equity allowed subject to listing and ownership thresholds and routing through authorised dealer branches. Permission for direct investment in equity of overseas companies is available to resident individuals, listed Indian companies, and mutual funds where the overseas company is listed and holds a qualifying ownership interest in a listed Indian company. Listed Indian companies' investments are limited by a cap tied to their latest audited net worth; mutual fund investments are subject to regulator-prescribed ceilings. All transactions must be routed through the designated branch of an authorised dealer in India.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Direct investment in overseas equity allowed subject to listing and ownership thresholds and routing through authorised dealer branches.
Permission for direct investment in equity of overseas companies is available to resident individuals, listed Indian companies, and mutual funds where the overseas company is listed and holds a qualifying ownership interest in a listed Indian company. Listed Indian companies' investments are limited by a cap tied to their latest audited net worth; mutual fund investments are subject to regulator-prescribed ceilings. All transactions must be routed through the designated branch of an authorised dealer in India.
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