https://www.taxtmi.com/circulars?id=11686 The circular increases the limit for FII investment in Government securities and reallocates sub-limits, including a sub-limit requiring a residual maturity of at least three years at first purchase, and permits certain long-term institutional investors to register with SEBI to invest. For infrastructure debt, the lock-in period is uniformly reduced to one year and the residual maturity at first purchase is set at fifteen months; QFIs may invest in mutual fund schemes with at least 25% infrastructure assets under the existing mutual fund sub-limit. Amendments to FEMA regulations will follow. en-us Mon, 25 Jun 2012 00:00:00 +0530 Mon, 25 Jun 2012 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11686 The circular increases the limit for FII investment in Government securities and reallocates sub-limits, including a sub-limit requiring a residual maturity of at least three years at first purchase, and permits certain long-term institutional investors to register with SEBI to invest. For infrastructure debt, the lock-in period is uniformly reduced to one year and the residual maturity at first purchase is set at fifteen months; QFIs may invest in mutual fund schemes with at least 25% infrastructure assets under the existing mutual fund sub-limit. Amendments to FEMA regulations will follow. Circulars FEMA Mon, 25 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11686