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EPFO may invest up to 15% of investable amount in equity markets

EPFO may invest up to 15% of investable amount in equity markets

Sunday, March 19, 2017, 4:26 PM

Buoyed by the surging stock markets, the Employees Provident Fund Organisation (EPFO) may propose to invest up to 15% of its investable amount in equity markets during the next fiscal, Union labour minister Bandaru Dattatreya said. The EPFO had started investing in ETFs in August 2015. EPFO manages a corpus of over Rs 8 lakh crore.
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