Thursday, May 28, 2020

CBDT notifies minimum fees for managers of India-based offshore funds

The floor rate for Category I foreign portfolio investors (FPIs), which includes pension funds and sovereign wealth funds, has been set as 0.1% of the assets under management, lower compared to private equity funds, alternate investment funds and Category II FPIs.

from Economy-News-Economic Times https://ift.tt/36COT8c

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