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These funds can capture growth across market caps; and even if one segment underperforms, damage to them is limited
The US replaced Mauritius as the second largest source of foreign direct investment into India during 2020-21 with inflows of USD 13.82 billion, according to government data.
Experts say while global funds may want to consider shifting their India portfolios to IFSC, the move would result in splitting the fund into two, which may not be acceptable to investors
Mauritius' financial services regulator was busy in taking steps to exit FATF's grey and black list
Entities owning 10% stake or more in funds originating from high-risk jurisdictions would be considered BOs