SEBI directs AMFI to cease new investments in overseas ETFs due to breach of upper limit of USD 1 billion SEBI directs AMFI to cease new investments in overseas ETFs due to breach of upper limit of USD 1 billion Starting from April 1, 2024, the fund of funds (FoFs) investing in ETFs and ETFS investing in international markets will need to stop accepting new investments. Prajwal Wakhare / Saturday, March 23, 2024 / Article rating: 4.1