https://www.taxtmi.com/circulars?id=66040 A credit risk based single issuer limit mandates that mutual fund schemes' investments in debt and money market instruments be capped according to issuer credit rating tiers, with a limited board approved extension allowed subject to the overall regulatory ceiling; long term ratings govern money market exposures with conservative mapping where absent, government money market instruments treated as government securities, new schemes covered from issuance and existing schemes grandfathered until underlying maturities. en-us Tue, 29 Nov 2022 00:00:00 +0530 Tue, 29 Nov 2022 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66040 A credit risk based single issuer limit mandates that mutual fund schemes' investments in debt and money market instruments be capped according to issuer credit rating tiers, with a limited board approved extension allowed subject to the overall regulatory ceiling; long term ratings govern money market exposures with conservative mapping where absent, government money market instruments treated as government securities, new schemes covered from issuance and existing schemes grandfathered until underlying maturities. Circulars SEBI Tue, 29 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66040