@Vinay_T_M -
The regulatory mandate dictates self-investments only for the Equity Mutual Funds (5.15% of total investments in this case i.e 5.9% of 87.3%). IMO rest may be used for M&A. Least, it would ensure a high Dividend Payout for the coming years.
You may refer Page-40 of the investor presentation for details [Link].
FYR:
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