https://www.taxtmi.com/news?id=14134 Revised investment pattern for non government provident, superannuation and gratuity funds (effective 1 April 2015) adjusts allocation bands-government securities to 45-50%, debt to 35-45%, money market up to 5%, and equity 5-15%-and formally permits new instruments including index funds, exchange traded funds, debt mutual funds, asset backed securities, infrastructure debt funds, REITs/InvITs, Basel III tier I bonds and hedging derivatives; it raises credit thresholds for some instruments to AA and emphasises trustees' fiduciary duty, due diligence, transparency, cost control and concentration risk limits. en-us Mon, 02 Mar 2015 17:25:24 +0530 Mon, 02 Mar 2015 17:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14134 Revised investment pattern for non government provident, superannuation and gratuity funds (effective 1 April 2015) adjusts allocation bands-government securities to 45-50%, debt to 35-45%, money market up to 5%, and equity 5-15%-and formally permits new instruments including index funds, exchange traded funds, debt mutual funds, asset backed securities, infrastructure debt funds, REITs/InvITs, Basel III tier I bonds and hedging derivatives; it raises credit thresholds for some instruments to AA and emphasises trustees' fiduciary duty, due diligence, transparency, cost control and concentration risk limits. News - Mon, 02 Mar 2015 17:25:24 +0530 https://www.taxtmi.com/news?id=14134