Investment in mutual funds
This query is : Resolved
02 December 2014
Can Indian Company (Foreign direct investment is there) invest in mutual funds in india
02 December 2014
the ans is yes as there is no restrcition as such
02 December 2014
I got some information that in company where FDI is invested that company cannot invest in mutual funds as per new companies act or may be by some circulars issued by Reserve Bank of India.
So is there any reference against for the above ?
So is there any reference against for the above ?
02 December 2014
can u provide a supporting from where u got it and can u paste the link here?
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