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May 2016

A. P. (DIR Series) Circular No. 55 dated March 29, 2016

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

This circular contains the increased limits for investment by FPI in Government Securities over the next 2 quarters as under: –


Any limit which remains unutilised by the long term investors at the end of a half-year will be available as additional limit to the investors in the open category for the following half-year. Accordingly, limits for the long term investors remaining unutilized at the end of half year ending Sept 30, 2016 will be released for investment under the open category in October, 2016.

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