Ministry of Finance invites comments/ views on the proposed revised investment pattern for Non-Government Provident Funds,

Government of India
Ministry of Finance
Department of Financial Services
Dated 20th June, 2014 


Ministry of Finance, Department of Financial Services invites
comments/ views on the proposed revised investment pattern for Non-Government Provident Funds, Superannuation Funds and Gratuity funds

The present investment pattern for Non-Government Provident Funds, Superannuation Funds and Gratuity funds as notified by the Ministry of Finance in August, 2008 and made effective from 1st April, 2009, is proposed to be revised as per the draft Notification on the basis of the budget announcement in the 2013-14 to include new financial instruments, like exchange traded funds, debt mutual
funds, IDFs, covered bonds and asset backed securities and also allow instruments like derivatives for the purposes of hedging of risk in the cash market.

Comments/ views on the proposed modifications in the investment pattern for Non-Government Provident Funds, Superannuation Funds and Gratuity funds, may be
sent latest by 21th July, 2014 to the Under Secretary (Ms. Surinder Kaur), Department of Financial Services, 2nd Floor Jeevan Deep Building, Parliament Street, New Delhi-110001 or can be emailed at surinder.k@nic.in 

(Surinder Kaur)
Under Secretary to the Government of India