News From Press Housing finance cos’ debt: MF cap raised to 15%

Housing finance cos’ debt: MF cap raised to 15%

Source: Business Line Feb 24, 2017

SEBI on Wednesday increased the exposure limits of MFs in debt instruments provided for housing finance companies (HFCs) to 15 per cent from 10 per cent. The move is to strengthen the affordable housing segment under the government’s Pradhan Mantri Aawas Yojana, said the SEBI circular. However, exposure in debt-oriented MF scheme continues to remain at 25 per cent at the sector level.

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