i)

(a) in Government securities;

(b) Other securities, as defined in section 2(h) of the Securities Contract (Regulation) Act, 1956, the principal whereof and interest whereon is fully and unconditionally guaranteed by the Central Government or any State Government, except those covered under (ii) (a) below; and/or

(c) units of mutual funds set up as dedicated funds for investment in Government securities and regulated by the Securities and Exchange Board of India

Fifty five per cent

(ii)

(a) Debt securities with maturity of not less than three years tenure issued by Bodies Corporate, including banks and public financial institutions.

(b) Term Deposit Receipts of not less than one year duration issued by scheduled commercial banks fulfilling all the following criteria:

(i) it has made profit continuously for immediately preceding three years;

(ii) it is maintaining a minimum Capital to Risk Weighted assets Ratio of 9 per cent;

(iii) it is having net non-performing assets of not more than 2 per cent. of the net advances; and

(iv) it is having a minimum net worth of not less than rupees 200 crores ; and/or

(c) Rupee Bonds having an outstanding maturity of at least three years issued by institutions of the international Bank for Reconstruction and Development, International Finance Corporation and the Asian Development Bank.

Forty per cent

(iii)

Money market instruments including units of money market mutual funds

Five per cent

(iv)

Shares of companies on which derivatives are available in Bombay Stock Exchange or National Stock Exchange or equity linked schemes of mutual funds regulated by the Securities and Exchange Board of India

Fifteen per cent