Mutual fund motilal oswal refused fresh inflows in three popular schemes. This included the us S and p 500 in tech heavy us, nastak and e a f e top 100 fund. The reserve bank of india has little regulatory oversight on the mutual funds industry in India. But r b i do have a say on the kind of investments one can make outside india.
In today's episode for 1st February 2022, we see why you can no longer commit fresh investments in a whole bunch of mutual funds from February 2nd.