EPFO to invest 5% of its corpus in stock market
EPFO will invest over Rs8,000 crore in ETFs that reflect the Indian economy by the end of 31 March 2016
New Delhi: Ending years of doubt and scepticism, the labour ministry on Tuesday decided to invest a portion of the Employees’ Provident Fund (EPF) corpus in the equity market, likely giving the stock market a boost in the new fiscal year beginning Wednesday.
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