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The Employees Provident Fund Organisation (EPFO) is looking to diversify its investment in the equity market beyond the Exchange Traded Funds (ETFs), sources familiar with the development said on Wednesday.
The investment committee, which is a sub-committee of the central board of trustees (CBT)—the apex decision-making body of the social security organisation, in its last meeting held earlier this month, directed consultant CRISIL to study the matter of diversification of investments under Category IV, which consists of equities and related investments.
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