Investment by Mutual Funds in Overseas Securities - Liberalisation of

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Full Text of the Document

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....seas Securities - Liberalisation of Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to Regulation 6B and Regulation 26 of Notification No.FEMA.120/RB-2004 dated 7^th July 2004, as amended, from time to time and AP (Dir Series) Circular No. 3 dated July 26, 2006. 2. With a view to providing greater opportunity to invest overseas, the extant ceiling on overseas i....