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  • News From Press EPFO trustees likely to raise ETF investment limit to 15% on 27 May

    EPFO trustees likely to raise ETF investment limit to 15% on 27 May

    Source: Mint/PTI May 15, 2017

    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.

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