Why do international funds in India buy units of other funds and not directly buy stocks in other countries (e.g., DSP US Flexible Equity Fund that invests in BGF, US Flexible Equity Fund)?
Some of the mutual funds operating in India that invest abroad (we will call them international funds) prefer to invest in other funds that are… Read More »Why do international funds in India buy units of other funds and not directly buy stocks in other countries (e.g., DSP US Flexible Equity Fund that invests in BGF, US Flexible Equity Fund)?