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<h1>Regulation 6C allows mutual funds to invest in overseas securities through authorized dealers within prescribed limits</h1> Regulation 6C of FEMA permits mutual funds registered with the securities board to invest in overseas company shares, rated bonds, fixed income securities listed on recognized stock exchanges, exchange traded funds, and other securities as specified by the central bank within prescribed limits. All purchase and sale transactions of foreign securities by mutual funds must be conducted through designated branches of authorized dealers in the country. The regulation establishes the framework for mutual fund foreign investment activities under foreign exchange management provisions.