Retirement fund body EPFO has decided to invest around Rs410 crore in exchange trade funds (ETF) every month during the current fiscal. “EPFO can invest around Rs410 crore in ETF every month during this fiscal.
The body has planned to invest 5 per cent of its ncremental deposits every month,” a senior EPFO official told PTI. In the present scenario, the EPFO has received an average monthly incremental deposits of Rs8,200 crore during this financial year so far.