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November 2015

A. P. (DIR Series) Circular No. 19 dated October 6, 2015

By Gaurang Gandhi Chartered Accountant
Reading Time 1 mins
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Investment by Foreign Portfolio Investors (FPI) in Government Securities

This circular has increased the investment limit in Government Securities as under: –

The
security-wise limit for FPI investments will be monitored on a day-end
basis and those Central Government securities in which aggregate
investment by FPI exceeds the prescribed threshold of 20% will be put in
a negative investment list. No fresh investments by FPI in these
securities will be permitted till they are removed from the negative
list.

There will be no security-wise limit for SDL for now.

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