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<h1>SEBI Updates Overseas Investment Limits for Mutual Funds: $1B Per Fund, $7B Industry Cap, $300M in ETFs.</h1> The Securities and Exchange Board of India (SEBI) has revised the overseas investment limits for mutual funds. Each mutual fund can now invest up to US $1 billion overseas, with an industry-wide cap of US $7 billion. Additionally, mutual funds can invest up to US $300 million in overseas Exchange Traded Funds (ETFs), within an industry cap of US $1 billion. These limits are now considered soft limits for reporting purposes on a monthly basis. All other conditions from the previous circular remain unchanged. This new directive is effective immediately to protect investors and regulate the securities market.