News From Press EPFO appoints UTI AMC, SBI Mutual Fund as fund managers

EPFO appoints UTI AMC, SBI Mutual Fund as fund managers

The appointment of the fund managers for another term of three years had been pending with the EPFO since April last year.

Economic Times Aug 23, 2019

Retirement fund manager EPFO on Wednesday approved appointment of UTI AMC and SBI Mutual Fund as its fund managers for three years, according to a source.

Besides, the Employees' Provident Fund Organisation (EPFO) also approved a proposal for early redemption of its investment of around Rs 700 crore in bonds of troubled Dewan Housing Finance Corporation Ltd (DHFL), at its trustees' meeting held in Hyderabad.

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