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    <title>Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2006</title>
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    <description>The amendments remove mutual funds from regulation 6B and insert regulation 6C permitting Investment by Mutual Funds: registered mutual funds may invest within RBI specified limits in overseas listed shares, rated bonds/fixed income securities, exchange traded funds or other RBI stipulated securities, with every purchase and sale routed through the designated branch of an authorised dealer. Regulation 26 is replaced to subject mutual funds&#039; foreign securities purchases to these regulations and any additional terms and conditions notified by the securities regulator.</description>
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      <description>The amendments remove mutual funds from regulation 6B and insert regulation 6C permitting Investment by Mutual Funds: registered mutual funds may invest within RBI specified limits in overseas listed shares, rated bonds/fixed income securities, exchange traded funds or other RBI stipulated securities, with every purchase and sale routed through the designated branch of an authorised dealer. Regulation 26 is replaced to subject mutual funds&#039; foreign securities purchases to these regulations and any additional terms and conditions notified by the securities regulator.</description>
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