Why you shouldn’t already celebrate India’s mutual fund diversification strategy
While SEBI has allowed domestic mutual funds to invest in overseas funds, the cap set by the RBI for such funds could defeat the purpose of the market regulator’s move.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Markets
You may also like
Why the price is still not right for green hydrogen
Green hydrogen’s first official price tag in India, while significant, is still a long way from being viable.
Jio Financial Services has a business and people problem
Strapped for top-flight talent as well as differentiated products, Reliance’s financial services business hasn’t managed to move the needle in its two years of existence.
Amid results showing signs of recovery, Vijay Shekhar Sharma teases a return for Paytm wallets
They were the app’s flagship feature until the RBI shut down new deposits into Paytm wallets a year and a half ago.