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.