The trustees of retirement fund body Employees’ Provident Fund Organisation (EPFO) are likely to raise the investment limit in exchange traded funds (ETFs) to 15% of the investible deposits, from 10% at present, in the current fiscal.
The higher limit would help the EPFO park around Rs15,000 crore in stock markets in 2017-18 as its investible deposits are close to Rs1 lakh crore annually.