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Allowing FIIs in MFs a significant move: HDFC AMC

Yesterday, the Finance Minister in Union Budget 2011-12 allowed know your customer (KYC)-compliant foreign investors to invest directly in equity schemes of SEBI registered mutual funds. Milind Barve, Managing Director, HDFC AMC says, it is a very significant and positive move.

first published: Mar 1, 2011 02:19 pm

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