Business Standard

26% Fdi Cap In Pensions

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P Vaidyanathan Iyer BUSINESS STANDARD

The government is likely to cap foreign investment in the pension fund sector at 26 per cent.

According to government sources, the finance ministry wants to tread cautiously on the issue because unlike mutual funds, investment in pension funds is long term.

They said the ministry

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First Published: Jun 13 2003 | 12:00 AM IST

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