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Upward Graph: EPFO’s investments in ETFs rise five times in six years
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financialexpress.comThe Employees’ Provident Fund Organisation’s (EPFO) annual fresh investment in exchange traded funds (ETFs) has gone up by nearly five times in the last six years to stand at Rs 32,070.84 crore in 2020-21.
The higher investment is in sync with higher contribution it received from its subscribers and proportionate allocation. As per the notified investment pattern, the EPFO is permitted to invest 5-15% of its annual incremental deposits in equity and related instruments.
In 2015-16, the first year
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