EPFO, PFs can now invest in Bharat Bond ETFs: Centre1 min read 06 Jan 2021, 08:12 PM IST
Four tranches of Bharat Bond ETFs have been launched so far, two in December 2019 and two in mid-2020
The ETFs have yields in the 4.5%-6.6% range, well short of the 8.5% interest rate declared by the EPFO for FY20
In a notification dated 4th Jan, the Government allowed the EPFO and exempted provident fund (PF) trusts to invest money in units of public sector debt ETFs such as the Bharat Bond ETFs.
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