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EPFO users may get an option to increase or decrease investments in ETFs

It approved a plan to create a reserve fund for its equity investments to shield subscribers from market volatility

EPFO users may get an option to increase or decrease investments in ETFs
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Somesh Jha New Delhi
The subscribers to the Employees’ Provident Fund Organisation (EPFO) may soon get an option to increase or decrease investments in exchange-traded funds (ETFs).

The EPFO also approved a plan to create a reserve fund for its equity investments to shield the subscribers from stock market volatility.

Besides, the EPFO’s Central Board of Trustees (CBT), chaired by Labour and Employment Minister Santosh Kumar Gangwar, met on Friday and approved changes to the accounting policy of investment in equity.
The CBT also approved the recommendation of the finance investment and