Currently, there is ambiguity regarding rules on investments in such overseas funds. This deters mutual funds from investing in those overseas mutual funds and index funds that invest in a basket of countries, including India.
Kwality Walls shares fall 3% as RIL’s foray into ice cream biz raises competition fears
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its