FPI investment limits in government securities revised, raising sector and long-term category caps for the quarter. Revision of FPI investment limits for the October-December 2017 quarter increases the upper caps for central Government securities and creates a higher separate cap for Long Term FPIs; SDL-General and SDL-Long Term caps are also enhanced. All existing allocation and monitoring conditions continue to apply. The circular takes effect immediately under Section 11(1) of the Act and requires custodians and depositories to inform FPI clients and implement the revised caps.
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FPI investment limits in government securities revised, raising sector and long-term category caps for the quarter.
Revision of FPI investment limits for the October-December 2017 quarter increases the upper caps for central Government securities and creates a higher separate cap for Long Term FPIs; SDL-General and SDL-Long Term caps are also enhanced. All existing allocation and monitoring conditions continue to apply. The circular takes effect immediately under Section 11(1) of the Act and requires custodians and depositories to inform FPI clients and implement the revised caps.
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