Behavioural finance: Home-country bias
Moneylife Digital Team 21 April 2011

The government has allowed foreign nationals to invest in Indian mutual funds. The idea will hit a natural wall

In the Union Budget of 2011, finance minister Pranab Mukherjee announced that mutual funds would now be able to accept subscriptions from foreign investors in equity-oriented schemes. This, hope a lot of people, will open up investment opportunities for foreigners who until recently...

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