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EPFO aims to invest more in equity for younger members, expand horizon

At present, EPFO is allowed to invest between 5-15 per cent of its investible deposits in equity instruments irrespective of the age or risk profile of its members

EPFO
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The fourth phase up to 2042 and the last phase up to 2047 will see the EPFO having exposure to the global funds and projects for higher returns

Shiva Rajora New Delhi
The Employees’ Provident Fund Organisation (EPFO) is looking to differentiate its investments based on age and risk profile of its members, as it aims to invest more in equity for younger members and expand its investment horizon both in terms of asset class and geographies.

At present, EPFO is allowed to invest between 5 and 15 per cent of its investible deposits in equity instruments, irrespective of the age or risk profile of its members.

A vision document for EPFO released by the Union Labour Minister Bhupender Yadav on its 70th foundation day on Tuesday laid out a phase-wise road