FPI investment in unlisted corporate debt and securitised instruments permitted subject to maturity, end use and compliance conditions. Foreign Portfolio Investors are permitted to invest in unlisted non-convertible corporate debt and specified securitised debt instruments subject to Ministry of Corporate Affairs guidelines, a three-year minimum residual maturity for unlisted corporate debt, and end-use restrictions forbidding investment in real estate business, capital market activity and land purchase; custodians must ensure compliance per RBI directions. Securitised debt issued by SPVs or listed under SEBI securitised debt regulations is eligible without the three-year maturity requirement. Aggregate investments in these categories are capped within the extant corporate debt limit; all other existing FPI conditions remain applicable.