Sebi allows AMCs to invest in overseas mutual funds, unit trusts
The Morning Standard|November 05, 2024
DOMESTIC asset management companies (AMCs) can now invest in overseas mutual funds and unit trusts (UTs) that have exposure to domestic securities if such exposure is not more than 25% of their total assets.

In a circular issued Monday, the Securities and Exchange Board (Sebi) said to be eligible to invest, the target overseas MFs/UTs must be managed by an independent investment manager/fund manager who is actively involved in making all investment decisions for the fund.

The circular further said to be eligible for investment by domestic funds, the target overseas funds should meet the following conditions.

Diese Geschichte stammt aus der November 05, 2024-Ausgabe von The Morning Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der November 05, 2024-Ausgabe von The Morning Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE MORNING STANDARDAlle anzeigen
The Morning Standard

Healing with art

NOW, what I want you all to do is, draw your inner mask and outer mask,\" instructs Vasavi Eriki as we grab our A4 sheets in unison and curiously look at the unknown faces on our screens at 'Explore, Express and Heal', an online art therapy workshop organised by Pause for Perspective.

time-read
2 Minuten  |
November 06, 2024
Jr NTR's Devara: Part 1 gets OTT release date
The Morning Standard

Jr NTR's Devara: Part 1 gets OTT release date

On Tuesday, Netflix announced that the Jr NTR-starrer Devara: Part 1 is coming to the platform on November 8.

time-read
1 min  |
November 06, 2024
The Morning Standard

7 guarantees in INDIA manifesta

THE INDIA bloc on Tuesday released its manifesto for the Jharkhand Assembly polls, promising the Sarna religion code for tribals, while guaranteeing Khatian-based domicile policy to woo the natives.

time-read
1 min  |
November 06, 2024
Eyes on host city as IOA submits letter of intent for 2036 Olympics
The Morning Standard

Eyes on host city as IOA submits letter of intent for 2036 Olympics

THE Indian Olympic Association has finally submitted the letter of intent to the International Olympic Committee on October 1.

time-read
2 Minuten  |
November 06, 2024
ERIGAISI SURVIVES ANOTHER CLOSE MATCH
The Morning Standard

ERIGAISI SURVIVES ANOTHER CLOSE MATCH

A win today will see the Indian GM becoming World Number 2

time-read
2 Minuten  |
November 06, 2024
The Morning Standard

Delhi up against table toppers Chandigarh

CHANDIGARH are on a roll after initial disappointment when they lost their first match against Railways.

time-read
1 min  |
November 06, 2024
The Morning Standard

1574 players sign up for IPL mega auction

A WHOPPING 1574 cricketers, including 1165 Indians, have signed up for the mega auction ahead of the Indian Premier League 2025 which will be held in Jeddah, Saudi Arabia, on November 24 and 25, the BCCI announced on Tuesday.

time-read
1 min  |
November 06, 2024
Djokovic withdraws from ATP Finals due to injury
The Morning Standard

Djokovic withdraws from ATP Finals due to injury

NOVAK Djokovic won't defend his ATP Finals title after ruling himself out on Tuesday due to an unspecified injury.

time-read
1 min  |
November 06, 2024
The Morning Standard

Muralikrishnan, Xiaomi India head, resigns

CHINESE smart devices firm Xiaomi's India head Muralikrishnan B has resigned from the company to pursue his interest in academic research, the company said on Monday.

time-read
1 min  |
November 06, 2024
The Morning Standard

Trade barriers could rise if Trump wins

THE US election results could have a far-reaching impact on global trade if Donald Trump emerges victorious on November 12, the election results day.

time-read
1 min  |
November 06, 2024