FIIs Allowed To Invest In Mutual Funds

[anond]

Pranab Mukherjee has announced that FIIs can now invest in Mutual fund schemes. How do you think it should affect the segment as a whole? I'm expecting a nice push in the short term at least..

http://budget.sify.com/

 

[ris]

It's foreign nationals & not FIIs as you have mentioned.

 

[rajsingh]

Pranab Mukherjee has announced that FIIs can now invest in Mutual fund schemes. How do you think it should affect the segment as a whole? I'm expecting a nice push in the short term at least..

http://budget.sify.com/

Our MF's have a tough time getting local money, why would FII's go to them..:lol:

 

[vishal412]

Foreign Investors can now invest in Mutual Funds

This move while it may enable mutual fund houses to garner more Asset Under Management (AUM) as foreign investors participate in the Indian equity markets (through the mutual fund route), we believe that this may also bring in some wild swings in the flow of funds to the mutual fund industry (unless we get long term foreign investors).
http://bit.ly/g4scmg

 

[drsambu123]

Pranab Mukherjee has announced that FIIs can now invest in Mutual fund schemes. How do you think it should affect the segment as a whole? I'm expecting a nice push in the short term at least..

http://budget.sify.com/

Nice move. but if more exit load is levied for foreign investors even more nice....