Investment in Foreign Securities.

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Full Text of the Document

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.... Please refer to SEBI Circular No. MFD/CIR/17/419/02 dated March 30, 2002 on the captioned subject. It has now been decided to raise the investment limit on foreign securities as outlined in the above Circular to 10% of net assets of each mutual fund as on March 31, 2002. However, a minimum of US$ 5 million and maximum of US$ 50 million is permissible to each mutual fund irrespective of size of....