Investment by Mutual Funds in Overseas Securities - Liberalisation of

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....uthorised Dealer Category - I (AD Category - I) banks is invited to Regulation 6B and Regulation 26 of Notification No.FEMA.120/RB-2004 dated 7th 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 investments by Mutual Funds, registered with Securities ....