This article analyses SEBI’s proposal to ease investments by Indian mutual funds in overseas funds. The objective of the consultation paper is to seek public comments on the proposal to ease investments by Indian Mutual Funds in Overseas Mutual Funds (MFs)/Unit Trusts (UTs) that invest a certain portion of their assets in Indian securities. The write-up covers the following key aspects:
‣ Need for the Consultation Paper
‣ SEBI’s Proposal
‣ Impact of the Proposal