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Government examines a proposal to allow EPFO to buy more stocks

Government examines a proposal to allow EPFO to buy more stocks

Thursday, February 9, 2017, 5:31 PM

The Government is considering allowing state-run social security and pension fund EPFO, to invest 15% of its corpus via exchange traded funds. Currently EPFO invests 10% of its corpus, says labour minister Bandaru Dattatreya. EPFO manages more than INR 8.5 Lakh crores and has been paying a return of more than 8%, to its more than 4 crore subscribers.
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