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Administration Manual - B.E.S.T. Undertaking.

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INVESTMENT PATTERN PERCENTAGE AMOUNT<br />

TO BE INVESTED<br />

1. Central Govt.Securities 25%<br />

2. Security fully and unconditionally 15%<br />

Guaranteed by Central or any<br />

State Govt.<br />

3. PSU Bonds & or 30%<br />

Certificate of Deposits<br />

Issued by Public Sector Banks.<br />

4. To be invested in any of the above 30%<br />

Three categories as decided by the<br />

Trustees<br />

1155<br />

5. The Trust, subject to their assessment of risk return prospects, may invest upto 10%<br />

out of Item No. 4 above, in Private Sector Bonds/Securities which are investment<br />

grade rating from at least two credit rating agencies.<br />

6. Any moneys received on maturity of earlier investments, shall be reinvested in<br />

accordance with the investment pattern prescribed in the notification.<br />

7. Interest received on special Deposit Scheme shall be reinvested in the special Deposit<br />

Scheme itself. Interest received under other categories may be reinvested in the same<br />

category.<br />

SPECIAL DEPOSIT SCHEME<br />

The Government of India have introduced a Special Deposit Scheme for the benefit of<br />

Non Government Provident, Superannuation and Gratuity Funds. The scheme was<br />

introduced initially for a period of 10 years i.e.from 1 st July 1975 to 30 th June 1985.<br />

Subsequently, this is further extended for a further period of 10 years with effect from 1 st

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