Principal Global Opportunities Fund (March 2004)
Franklin Asian Equity (Dec 2007)
Fidelity Internatioanl Opportunities Fund(Apr 2007)
DWS Global Thematic Offshore Fund (Aug 2007)
DSP ML World Gold Fund(Aug 2007)
Birla Sunlife International Equity Plan A(Oct 2007)
ABN AMRO Chian-Indo Fund(Oct 2007)
HSBC Emerging Markets Fund ( Feb 2008)
Even among the International theme, one can find the sub-theme as infrastructure or Gold or country specific/Region specific isues; By Apr 2008, 13 such funds exists and hardly two of them have exceeded the limit prescribed. However, SEBI is taking anticipatory action along with RBI directing funds outside.
Apr 08, 2008 Limit enhanced to USD 7 billion; all other conditions remain same.
Sep 26, 2007 Limit enhanced to USD 5 billion with overall limit per MF up to USD 300 million
May 14, 2007 Limit enhanced to USD 4 billion with overall limit per MF lifted to USD 200million
Jan 04, 2007 Limit enhanced to USD 3 billion subject to individual fund sub-ceiling of 10% of Asset Under Mgt in any year with overall limit to USD 150 million per mutual fund.
Apr 04, 2003 Foreign equities of companies that have shareholding atleast 10% in an Indian listed company; overall MFs Limit USD 1 billion
Thursday, April 24, 2008
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