SEBI paves way for clubbing of investment limits for foreign portfolio investors

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New Delhi, Dec 12: SEBI on December 12 approved segregated portfolio by mutual funds in its board meeting. The board has given in-principal nod for proposals for amendments to the regulations.
The markets regulator said that fresh filling of offer document with the board will be required when there is a change in either the number of shares offered for sales or the estimated issue size by more than 50 percent.