Whalesbook
SEBI ka naya rule, Franklin Templeton par laga rok!
Dekho, baat yeh hai ki SEBI ne India se bahar paisa invest karne par kuch limits laga rakhi hain, aur woh limit ab lagbhag poori ho gayi hai. Is wajah se, Franklin Templeton apne do fund houses - Franklin India Asian Equity Fund aur Franklin U.S. Opportunities Equity Active Fund of Funds - mein naye paison ki entry band kar raha hai, effective May 18, 2026 se.
Kitna restrict hua paisa?
Ab agar aap lump sum ya switch-in karna chahte ho, toh sirf ₹5 lakh per PAN per month tak hi kar paoge. Aur agar SIP ya STP kar rahe ho, toh yeh limit ₹50,000 per PAN per month hai. Isse zyada amount dala toh reject ho jayega. Franklin India Asian Equity Fund mein lagbhag ₹400-520 crore ka AUM hai, aur Franklin U.S. Opportunities Equity Active Fund of Funds mein ₹4,200-5,200 crore manage ho raha hai.
Sirf Franklin nahi, sab affected hain!
Yeh problem sirf Franklin Templeton ki nahi hai. Kai aur bade fund houses jaise Axis, Kotak, aur Nippon India ne bhi apne overseas funds mein naye inflows par restrictions laga di hain. Poori Indian mutual fund industry ne milakar SEBI ki USD 7 billion ki total overseas investment limit (non-ETF) ko touch kar liya hai. Har AMC ki individual limit USD 1 billion hai.
Investors ka kya hoga?
Iska seedha matlab hai ki Indian investors ke liye global markets mein invest karne ke options kam ho gaye hain. Jo log diversification chahte hain, unke liye yeh situation thodi frustrating hai. SEBI ka aim foreign reserves bachana aur currency risk manage karna hai, lekin isse investors ki flexibility kam ho gayi hai. Kuch log ab LRS (Liberalised Remittance Scheme) ke through direct foreign equity investment ki taraf ja sakte hain, jismein thoda risk aur complexity zyada hai.