India's wealthy face a new hurdle to investing in offshore funds via LRS https://ift.tt/7AiQgHp are specialised investment products that are tailor-made for ultra-high-net-worth individuals and they invest predominantly in unlisted securities. Venture capital funds and private equity funds are sub-types of AIFs.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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