EPFO to invest Rs 22,500 crore in ETFs

staff Provident Fund business enterprise (EPFO) goes to invest Rs 22,500 crore in the alternate traded funds in the present financial yr.    

workers Provident Fund supplier (EPFO) goes to speculate Rs 22,500 crore within the trade traded funds within the present monetary yr. it has got an approval of its trustees to enhance investments in fairness or fairness-linked schemes in may just.

EPFO had licensed the concept to extend the investments in exchange traded cash (ETFs) from 10% to 15% of the investable deposits. It had invested Rs 1.5 lakh crore in FY17 and estimated an identical quantity for the current fiscal.

EPFO has been getting an annualised return of over 12% on these investments. The retirement fund physique has an funding combine of presidency securities, state loans, corporate bonds and others like unique Deposit Scheme (SDS).

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