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<h1>Permissible investments by charitable trusts include defined mutual fund, public account, housing authority, equity and infrastructure instruments under specified conditions.</h1> Permissible investments by a charitable or religious trust or institution include units of specified mutual fund schemes, transfers to the Public Account of India, deposits with housing or urban development authorities, equity shares of a depository, authorised investor investments in equity of securities related companies subject to shareholding conditions, authorised payment system participants' investments in specified digital payments or network commerce companies under prescribed ownership criteria, incubator acquisitions of notified incubatee equity, investments in national skill development shares, debt instruments of registered infrastructure finance companies, sovereign gold bond stock certificates, and units of a specified infrastructure investment trust.