Overseas investment ceiling raised for mutual funds; prior conditions remain unchanged under SEBI regulatory authority and governance. The circular increases the aggregate ceiling for mutual fund overseas investments while all other conditions specified in the earlier circular remain unchanged; it applies to all SEBI-registered mutual funds and is issued under SEBI's regulatory powers under the mutual fund regulatory framework.
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Provisions expressly mentioned in the judgment/order text.
Overseas investment ceiling raised for mutual funds; prior conditions remain unchanged under SEBI regulatory authority and governance.
The circular increases the aggregate ceiling for mutual fund overseas investments while all other conditions specified in the earlier circular remain unchanged; it applies to all SEBI-registered mutual funds and is issued under SEBI's regulatory powers under the mutual fund regulatory framework.
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