EPFO could invest part of its corpus in infrastructure sector: Report
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India, July 12 -- The Employees' Provident Fund Organisation (EPFO) may start investing a portion of its annual deposits in infrastructure investment trusts (InvITs), Livemint reported.
The retirement fund manager has so far been investing in bonds, government securities, and exchange-traded funds (ETFs). But the revised investment plan could help boost India's investment in infrastucture and diversify the EPFO's investment basket, according to Livemint.
An InvIT is an alternative investment fund (AIF) that works like mutual funds and is regulated by the Securities and Exchange Board of India (Sebi).
Last month, the Union Cabinet approved extension of last date of registration under the Aatmanirbhar Bharat Rojgar Yojana (ABRY) by nine ...
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