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EPFO defers decision to hike investments in ETFs to 15%

EPFO defers decision to hike investments in ETFs to 15%

Thursday, March 30, 2017, 6:30 PM

Retirement fund body EPFO's trustees today deferred the discussion on the proposal to increase its investments in ETFs to 15%, from the current 10% of investible deposits, in 2017-18. However, the Central Board of Trustees (CBT) agreed in principle to cover around 62 lakh volunteers of Anganwadi, Asha and mid-day meal workers under the social security scheme run by the Employees' Provident Fund Organisation.
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