Investment in ADRs/GDRs/foreign securities by Mutual Funds

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e refer to SEBI Circulars MFD/CIR No.4/052/99 dated September 1, 1999, MFD/CIR No.5/062/99 dated September 30, 1999, MFD/CIR/17/419/02 dated March 30, 2002, MFD/CIR/18/21826/2002 dated November 7, 2002, SEBI/MFD/CIR No.02/6855/03 dated April 4, 2003 and SEBI/MFD/CIR No.07/5573/04 dated March 19, 2004 pertaining to investment by mutual funds in ADRs/GDRs/foreign securities. 2. It has now been deci .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oreign securities has already been made. 3. All other conditions specified in the above mentioned circulars remain unchanged. 4. These guidelines are issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations, 1996 to protect the interests of investors in securitie .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X