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    <title>Portfolio of “Liquid Schemes” and nomenclature of “Liquid Plus” schemes</title>
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    <description>Liquid fund schemes and plans must confine investments to debt and money market instruments of progressively shorter residual maturities, with rules for computing residual and weighted average maturities and identical limits applying to securities with put/call options; settlement on non business days is deferred to the next business day. These conditions must be disclosed in offer documents and form binding investment allocation constraints. Transitional permission for specified inter scheme transfers is time limited, after which tightened limits apply. The nomenclature &quot;Liquid Plus&quot; must be discontinued and compliance confirmed within thirty days.</description>
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    <pubDate>Mon, 19 Jan 2009 00:00:00 +0530</pubDate>
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