EPFO approves hike in investment limit in ETFs to 15%
In a meeting of the Central Board of Trustees (CBT) held in Pune on Saturday, Union Labour Minister Bandaru Dattatreya said that the Employees' Provident Fund Organisation (EPFO) has approved hike in investment limit in exchange traded funds (ETFs) to 15%, from the existing 10%.
"Seeing the rate of return during the meeting of the CBT, we have increased the investment into ETFs to 15%, from the existing 10%," Union Labour Minister Bandaru Dattatreya said on Saturday. Image Source: IANS