https://www.taxtmi.com/notifications?id=14582 The amendment to rule 67 prescribes a mandatory manner of investment for a fund's aggregate investible moneys, setting maximum allocations across government and government guaranteed securities and dedicated mutual funds, long tenor corporate and specified bank instruments and multilateral bonds, money market instruments, and certain equity exposures. It requires transitional reinvestment of maturing proceeds, permits phased achievement of the allocation subject to limited variance, caps single fund exposure, mandates investment grade ratings for specified bank instruments with exit on downgrade, and limits portfolio turnover. en-us Thu, 12 Mar 2009 00:00:00 +0530 Thu, 19 Mar 2009 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14582 The amendment to rule 67 prescribes a mandatory manner of investment for a fund's aggregate investible moneys, setting maximum allocations across government and government guaranteed securities and dedicated mutual funds, long tenor corporate and specified bank instruments and multilateral bonds, money market instruments, and certain equity exposures. It requires transitional reinvestment of maturing proceeds, permits phased achievement of the allocation subject to limited variance, caps single fund exposure, mandates investment grade ratings for specified bank instruments with exit on downgrade, and limits portfolio turnover. Notifications Income Tax Thu, 12 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14582