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Investment in ADRs/GDRs/foreign securities by Mutual Funds

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Full Text of the Document

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.... refer to SEBI Circulars MFD/CIR No.4/052/99 dated September 1, 1999, MFD/CIR No.5/062/99 dated September 30, 1999, MFD/CIR/17/419/02 dated March 30, 2002, MFD/CIR/18/21826/2002 dated November 7, 2002, SEBI/MFD/CIR No.02/6855/03 dated April 4, 2003 and SEBI/MFD/CIR No.07/5573/04 dated March 19, 2004 pertaining to investment by mutual funds in ADRs/GDRs/foreign securities. 2. It has now been decid....

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