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    <title>SEBI RELAXED COMPLIANCE NORMS RELATED TO INVESTMENT LIMITS IN UNLISTED NCDS</title>
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    <description>The circular permits continued holding and industry-wide grandfathering of certain &quot;identified NCDs,&quot; exempting them from the general prohibition on mutual fund investment in unlisted debt instruments, while preserving due diligence obligations and other investment restrictions. It extends regulatory compliance deadlines for mutual funds to align scheme debt portfolios with prescribed limits, applying to mutual funds, AMCs and trustees and maintaining that all other applicable investment restrictions remain in force.</description>
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    <pubDate>Fri, 01 May 2020 11:03:53 +0530</pubDate>
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      <description>The circular permits continued holding and industry-wide grandfathering of certain &quot;identified NCDs,&quot; exempting them from the general prohibition on mutual fund investment in unlisted debt instruments, while preserving due diligence obligations and other investment restrictions. It extends regulatory compliance deadlines for mutual funds to align scheme debt portfolios with prescribed limits, applying to mutual funds, AMCs and trustees and maintaining that all other applicable investment restrictions remain in force.</description>
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