News From Press Pension fund managers cannot invest more than 5% in equity mutual funds: PFRDA

Pension fund managers cannot invest more than 5% in equity mutual funds: PFRDA

Source: Moneycontrol Sep 15, 2018

Pension fund managers of National Pension Scheme (NPS) cannot invest more than 5 percent in equity mutual funds (MF) from now.

Pension Fund Regulatory and Development Authority (PFRDA) has written to pension fund managers asking them to restrict the exposure to 5 percent of the total portfolio of the fund.

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