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EPFO gets approval to invest up to 5% in InvITs, alternative funds
short by Hiral Goyal / on 20 Nov 2021,Saturday
The central board of Employees' Provident Fund Organisation (EPFO) has approved a proposal to allow the retirement fund body to invest up to 5% of annual deposits in alternative investments funds, including infrastructure investment trusts (InvITs). "We shall only focus on government-backed alternatives, which are category one funds like public sector InvITs," Labour Secretary Sunil Barthwal said.
short by Hiral Goyal / 08:49 pm on 20 Nov
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