Investment guidelines of the Coal miners PF and pension scheme
| Area
| Maximum amount permissible (%)
|
| i) In Central Government Securities and/or units of such Mutual Funds which have been approved by the Securities and Exchange Board of India.
| 25%
|
| ii) In securities created and issued by any State Government and/or units of Mutual Funds; or(and) other negotiable securities where the principal and interest is guaranteed by the Central Government or any State Government except those covered under Public Financial Institutions.
| 15%
|
| iii) In bonds and securities of Public Financial Institution; Public Sector Companies including public sector banks; and/or short duration ( less than a year) Term Deposit Receipts issued by Public Sector Banks.
| 30%
|
| iv) In any of the above three categories as decided by the Trustees.
| 30%
|
| v) Trustees may, subject to their assessment of risk-return prospects, invest 1/3rd of iv) above, in private sector bonds/securities, which have an investment grade rating from at least two credit rating agencies.
|
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