Capital market regulator has relaxed exposure norms for debt mutual funds investing in housing finance companies for better supply of funds to the low-cost housing sector.
The Securities and Exchange Board of India said on Wednesday that debt mutual funds can now invest an additional 10 per cent in housing finance companies above the 25 percent sectoral limit.
SEBI had earlier allowed a 5 per cent additional limit for housing finance companies.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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