In two thousand eight the r b i told the mutual fund industry that they could invest up to seven billion us. Dollars in foreign assets, but no more. In september 20 20, pure play. International funds managed a little over six thousand cro rupees,. But by septEMBER 20 21, that jumped three times to a whooping 21 thousand 100 cro rupees. And after mars outflow, you would need 75 rupees to buy the same dollar.
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.