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    <title>Prudential limits in sector exposure for Housing Finance Companies (HFCs)</title>
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    <description>SEBI permits additional exposure to Housing Finance Companies within the financial services sector for debt schemes by allowing an increased incremental allocation while maintaining the 25% sectoral limit (subject to specified exclusions). The additional exposure is allowed only for securities rated AA and above issued by HFCs registered with NHB, and total investment in HFCs shall not exceed 25% of scheme net assets. Appropriate SID and KIM disclosures are required and the change is effective immediately.</description>
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    <pubDate>Wed, 22 Feb 2017 00:00:00 +0530</pubDate>
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      <title>Prudential limits in sector exposure for Housing Finance Companies (HFCs)</title>
      <link>https://www.taxtmi.com/circulars?id=57931</link>
      <description>SEBI permits additional exposure to Housing Finance Companies within the financial services sector for debt schemes by allowing an increased incremental allocation while maintaining the 25% sectoral limit (subject to specified exclusions). The additional exposure is allowed only for securities rated AA and above issued by HFCs registered with NHB, and total investment in HFCs shall not exceed 25% of scheme net assets. Appropriate SID and KIM disclosures are required and the change is effective immediately.</description>
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      <pubDate>Wed, 22 Feb 2017 00:00:00 +0530</pubDate>
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