Government Decides to Raise EPFO Investment in ETF from 5% to 10%
Government has decided to raise the Employees Provident Fund (EPF) investment in Exchange Traded Funds (ETF) from present 5% to 10%. The Employees Provident Fund Organisation (EPFO) is currently investing 5% of the total accretion in ETF. For the financial year 2015-16, EPFO has invested USD 996 million in ETF. This investment has yielded a good return of 13.24%.
