Which of the following statements is/are correct?

A. In February 2024, SBI Funds Management, India's largest fund house with assets under management (AUM) of ₹8.51-lakh crore, approached the Reserve Bank of India (RBI) to increase the overseas investment limit due to growing investor interest.
B. According to current RBI rules, domestic mutual funds can invest up to $7 billion in overseas stocks, with an additional $1 billion allowed in exchange-traded funds.
C. The current investment limit for the industry was established in 2007-08 and has not been revised despite significant economic growth.

1
Only A 
2
Only C
3
Both A and B 
4
All A, B and C 
5
Both A and C

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