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Don't invest blindly in NFOs even if fund houses get under the skin
If they fill any gap in the portfolio, go for them. Otherwise, avoiding may make sense
FEMA norms may raise investment bar on foreign-owned mutual funds
Funds will have to adhere to sectoral caps and restrictions applicable to foreign investment in Indian equities
35 ICICI Prudential Mutual Fund schemes invest Rs 25 bn in Bharat-22 ETF
This accounted for 27 per cent of the ETF's closing AUM for November
