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of <h1>Trustees Must Invest Idle Trust Funds in Approved Securities Under Section 20 of the Indian Trusts Act, 1882.</h1> Under Section 20 of the Indian Trusts Act, 1882, trustees must invest trust money in specific securities if it cannot be used immediately for the trust's purposes. Permissible investments include government securities from India, the UK, or other specified entities, bonds or debentures secured by the UK Parliament, and certain stocks or debentures guaranteed by the Indian government. Investments can also be made in municipal or port trust securities, first mortgages on immovable property, units from the Unit Trust of India, or any other security authorized by the trust instrument or government notification. Consent is required for some investments if a beneficiary is entitled to the trust income for life.
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