Fidelity Mutual Fund has announced a change in the asset allocation of the following schemes with effect from November 16, 2012.
Fidelity Children's Plan-Education.
For Equity and related securities the maximum allocation of the total net assets has been reduced from 100% to 75%. Whereas a floor limit of debt and money market instruments has been introduced as 25%.
Fidelity Children's Plan- Marriage
For Gold ETFs the minimum allocation has been fixed as 10%.
For CDs, bank FDs, T-Bills, CBLO, Repo/Reverse Repo, the minimum allocation has been fixed as 65%. While for CPs and other debt instruments including securitized debt the maximum allocation has been capped ad 35% .