EPFO in a spot after dismal CPSE ETF and Bharat 22 ETF returns2 min read 19 Feb 2019, 11:59 PM IST
EPFO investments in CPSE ETF and Bharat 22 ETF have yielded just 1.89% and 0.48%, respectively, as of 31 December
EPFO has invested in CPSE ETFs in three tranches and in Bharat 22 ETF in two tranches
New Delhi: The decision of the Employees’ Provident Fund Organisation (EPFO) in 2017 to invest in select exchange traded funds (ETFs) to help the government meet its disinvestment targets has yielded subpar returns for its subscribers.
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