Global funds invest in mutual funds/Exchange-traded funds which invests in companies that have footprints across the world
Sebi is of the view that FPI only need to tweak their systems to meet the new settlement norm
Markets have been buoyed on higher hopes of earnings recovery especially in the small-cap segment on account of better than expected demand
Despite the pandemic Fund of Funds investing overseas saw net inflows of over Rs 12,000 crore since March 2020.
Mirae Asset’s India CEO Swarup Mohanty said these will be offered when the funds' underlying rules have been tested and get the regulator's nod
International funds invest in equities or equity related instruments of companies which are listed outside India