https://www.taxtmi.com/circulars?id=59274 Mutual funds may invest in ADRs, GDRs, foreign securities and overseas ETFs within an overall overseas investment ceiling of US$3 billion, subject to an individual sub ceiling not exceeding 10% of a fund's net assets as on March 31 of the relevant year and capped at US$150 million per fund; all other conditions from the prior circular remain unchanged and the directions are issued under Section 11(1) of the applicable Act and Regulation 77 of the Mutual Funds Regulations. en-us Thu, 04 Jan 2007 00:00:00 +0530 Tue, 22 Jan 2019 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59274 Mutual funds may invest in ADRs, GDRs, foreign securities and overseas ETFs within an overall overseas investment ceiling of US$3 billion, subject to an individual sub ceiling not exceeding 10% of a fund's net assets as on March 31 of the relevant year and capped at US$150 million per fund; all other conditions from the prior circular remain unchanged and the directions are issued under Section 11(1) of the applicable Act and Regulation 77 of the Mutual Funds Regulations. Circulars SEBI Thu, 04 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59274