By now, you must be aware of the international investing restrictions faced by Indian mutual funds. In case you missed catching up with these developments, you can check out our earlier coverage. To give you a gist, the mutual fund industry as a whole is on the brink of exhausting the SEBI prescribed limit of US $7 billion for overseas investing and as a result, many fund houses have put gates on their international funds. The expectation widely held was that these limits would be enhanced soon. Unfortunately, that has not been the case. As a result, Franklin Templeto
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