https://www.taxtmi.com/circulars?id=53202 All future FPI debt investments must have a minimum residual maturity of three years, applying to government securities and corporate bond investments and to limits vacated on sale or redemption, which must be reused for corporate bonds meeting the same maturity requirement. FPIs are prohibited from making further investments in liquid and money market mutual fund schemes. There is no lock in; FPIs may sell existing holdings, including those with less than three years' residual maturity, to domestic investors, and the directions take immediate effect. en-us Tue, 03 Feb 2015 00:00:00 +0530 Wed, 04 Feb 2015 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53202 All future FPI debt investments must have a minimum residual maturity of three years, applying to government securities and corporate bond investments and to limits vacated on sale or redemption, which must be reused for corporate bonds meeting the same maturity requirement. FPIs are prohibited from making further investments in liquid and money market mutual fund schemes. There is no lock in; FPIs may sell existing holdings, including those with less than three years' residual maturity, to domestic investors, and the directions take immediate effect. Circulars FEMA Tue, 03 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53202