EPFO may invest upto 12% in equities: Dattatreya
Labour Minister Bandaru Dattatreya said the Employees Provident Fund Organisation may put around 12% of its investable amount in equities. Finance Ministry has given clearance to invest from 5-15% for the long term investment, he said. As on June 30, EPFO invested ₹7,468 crore in two index-linked Exchange Traded Funds with current market value of ₹8,024 crore with 7.45% yield.