05-December-2025
Markets and Finance
 
Russian investors can directly invest in India now: Sberbank’s new First India MF opens
05-Dec-2025

All eyes are on the key announcements and partnerships that are likely to be announced as Russian President Vladimir Putin meets Prime Minister Narendra Modi for the 23rd India-Russia annual summit in India. Close on the heels of the summit, the National Stock Exchange announced that SBER Bank, Russia’s largest bank, in partnership with JSC First Asset Management, has introduced a new mutual fund, First India. Russian investors can now invest in India Now, the Russian investors can directly invest in the Indian stock market through this mutual fund, said the NSE in a media release. The fund will be benchmarked to the Nifty50 Index. The basket of 50 stocks is one of the most widely tracked equity indices among market participants globally.

News Source:- https://www.financialexpress.com/market/russian-investors-can-directly-invest-in-india-now-sberbanks-new-first-india-mf-opens-4066646/?ref=hometop_hp