The Securities and Exchange Board of India (SEBI) has raised the limit of foreign investment for Individual Mutual Fund from $ 300 million to $ 600 million. Sebi announced this in a circular issued on November 5, 2020, stating that each fund house can make a maximum profit of $ 600 million in foreign investment within the overall industry limit of $ 7 billion. Rajiv Thakkar, Chief Investment Officer (CIO), PPFAS Mutual Fund, said that, if this investment limit had not been raised, some big funds could have reached the upper limit in the coming days. The Securities and Exchange