Options
- A
Prior approval from SEBI if exceeding 25%
- B
Prior approval from RBI if exceeding 25%
- C
Prior approval from RBI, with limit of 25% of investable funds
-
Prior approval from SEBI, with limit of 25% of investable funds
Correct answer
Why this is the answer
SEBI approval is mandatory, and overseas investments are capped at 25% of the scheme's investable corpus.
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