The Maharashtra Charity Commissioner’s Circular No. 619 dated 21st July 2025 marks a significant step toward modernizing investment norms for public trusts registered under the Maharashtra Public Trusts Act, 1950. The circular permits trusts to invest up to 50% of their funds in a wider range of government-backed securities, debt instruments, and equity-oriented funds without seeking prior approval, reducing administrative hurdles and streamlining fund management.
By aligning with the Indian Trusts Act, 1882 and SEBI regulations, this clarification provides greater flexibility while ensuring prudent risk management through conditions such as minimum credit ratings for debt instruments and market-cap thresholds for equities. This move empowers public trusts to enhance financial sustainability and social impact, allowing them to strategically deploy funds while remaining fully compliant with regulatory guidelines.
