Examples of Money Market Instruments in a sentence
The total value of the Transferable Securities and Money Market Instruments held by a Sub-Fund of issuing bodies in which it individually invests more than 5% of its net assets, the total of all such investment shall not exceed 40% of the value of such Sub-Fund's net assets.
A reduced subscription tax rate of 0.01% per annum is however applicable to any Sub-Fund whose exclusive object is the collective investment in Money Market Instruments, the placing of deposits with credit institutions, or both.
Also the Company shall, for each Sub-Fund, comply with the following investment restrictions: (xi) The Company may not invest in assets issued by the same body in excess of the limits set forth below: The Company may not invest more than 10% of the net assets of a Sub- Fund in Transferable Securities or Money Market Instruments issued by the same issuing body.
Recently issued Transferable Securities and Money Market Instruments, provided that: - The terms of issue include an undertaking that application will be made for admission to official listing on a Regulated Market, - The admission is secured within one year of issue.
However, in case any unrated debt security does not fall under the parameters, the prior approval of the Board of AMC and Trustee shall be sought.Investments in Debt and Money Market Instruments will be as per the limits specified in the asset allocation table(s) of the Scheme, subject to permissible limits laid under SEBI (MF) Regulations from time to time.