Retirement fund body EPFO will park about Rs 22,500 crore in the exchange traded funds this fiscal following the approval of its trustees to enhance investments in equity or equity linked schemes last month, a senior official has said.
Last month, the Employees Provident Fund Organisation's (EPFO) apex decision making body had approved the proposal to increase the investments in exchange traded funds from 10 per cent to 15 per cent of the investible deposits.
