MF: MF can again accept money in international schemes

[ad_1] Mumbai: Securities and Exchange Board of India (SEBI) has allowed fresh acceptance of mutual funds Pennies to the extent of the aggregate in international plans industry $7 billion limit. In a letter to industry body Association of Mutual Funds of India (amphi) Last week, the capital markets regulator said asset managers can resume subscriptions and create Investment ‘Up to the available headroom without violating the foreign investment utilization limit’ in foreign funds or securities. ET has reviewed the note. However, some mutual funds may not accept investor inflows into…