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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>SEBI Amends Mutual Fund Rules: New Investment Limits for Debt Instruments and Sector Exposure Announced.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) outlines amendments to the SEBI (Mutual Funds) Regulations, 1996, focusing on investment restrictions for mutual funds. Key changes include reducing the investment limit in debt instruments from a single issuer to 10% of the Net Asset Value (NAV), extendable to 12% with board approval. Sector exposure limits are reduced from 30% to 25%, with additional exposure for Housing Finance Companies (HFCs) reduced from 10% to 5%. Group exposure is capped at 20%, extendable to 25% with board approval. These changes apply to new schemes and fresh investments, with existing schemes given a year to comply.