EPFO invests Rs 27,105 cr in ETFs, Apr-Oct: Govt
The Business Guardian|December 13, 2023
Parliament was informed on Monday that the retirement fund Parlia organization Employees' Provident Fund Organization (EPFO) has invested Rs 27,105 crore in exchange-traded funds (ETFs) through the end of the current fiscal year in October. State Minister for Labour and Employment Rameshwar Teli informed the Lok Sabha in writing that EPFO had invested Rs 53,081 crore in ETFs during the fiscal year 2022-2023a sum that was greater than Rs 43,568 crore in the previous year.
EPFO invests Rs 27,105 cr in ETFs, Apr-Oct: Govt

The reply showed that the EPFO has invested Rs 27,105 crore in the ETFs so far in the current fiscal 2023-24 till October 2023.

The body had invested Rs 14,983 crore in ETFs in 2016-17, Rs 24,790 crore in 2017-18, Rs 27,974 in 201819, Rs 31,501 crore in 201920 and Rs 32,071 in 202021, according to the reply.

Teli explained to the House that the EPFO does not invest directly in individual stocks, including stocks of any blue-chip company.

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