EPFO starts Investment in equity markets from Today

Employment Provident Fund Organisation (EPFO)-investment into equity markets through an exchange traded fund (ETF). The fund will be managed by SBI AMC. In the initial stages, the EPFO will invest about Rs.410 crore or 5% of its incremental deposits each month during fiscal 2016. EPFO’s entry will bring quality long-term money into Indian equities. More … Continue reading EPFO starts Investment in equity markets from Today