Investment of EPFO Funds in ETFs was Rs 14,984 crore in FY17

Image
Capital Market
Last Updated : Jul 27 2017 | 12:01 AM IST
The investment limit in ETFs has been recommended to be raised from 10 per cent to 15 per cent by the Central Board of Trustees, Employees Provident Fund in its 218th meeting held on 27 May 2017. Accordingly, the estimated investment in ETF for the current Financial Year is approximately Rs. 22,500 crore.

The details of investment in Exchange Traded Funds (ETFs) during 2015-16 & 2016-17 are as under:

2015-16 (Fig. in Rs. Crore)

SBI Nifty 50 ETF

4,922

SBI Sensex ETF

1,655

Also Read

Total

6,577

2016-17(Fig in Rs. Crore)

SBI Nifty 50 ETF

7,912

SBI Sensex ETF

2,691

UTI Nifty 50 ETF

1,911

UTI Sensex ETF

662

CPSE ETF

1,808

Total

14,984

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 26 2017 | 6:08 PM IST

Next Story