Mutual fund overseas investment: SEBI-registered funds may invest within limits in listed foreign securities, routed via authorised dealers. Regulation 6C permits Mutual Funds registered with SEBI to invest within specified limits in shares, rated bonds or fixed income securities of overseas companies listed on a recognised stock exchange, in Exchange Traded Funds, or other securities as stipulated by the Reserve Bank of India, and requires that every purchase or sale of a foreign security by a Mutual Fund 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.
Mutual fund overseas investment: SEBI-registered funds may invest within limits in listed foreign securities, routed via authorised dealers.
Regulation 6C permits Mutual Funds registered with SEBI to invest within specified limits in shares, rated bonds or fixed income securities of overseas companies listed on a recognised stock exchange, in Exchange Traded Funds, or other securities as stipulated by the Reserve Bank of India, and requires that every purchase or sale of a foreign security by a Mutual Fund be routed through the designated branch of an authorised dealer in India.
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