EPFO set to bring good news to subscribers; check out big benefits

The EPFO board will also consider a proposal to give extension of six more months to its five fund managers SBI, ICICI Securities Primary Dealership, Reliance Capital, HSBC AMC and UTI AMC for managing its corpus, according to the agenda listed for the trustees’ meet scheduled on Tuesday.

EPFO set to bring good news to subscribers;
The body got the maximum appreciation on its investments in UTI Mutual Fund, for which rate of return was 17.01%, with total value at Rs 8,995.04 crore. image source: Reuters

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