Ministry of Labour & Employment
Investment of EPFO Funds in ETFs
Posted On:
26 JUL 2017 3:42PM by PIB Delhi
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 27.05.2017. 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
|
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
|
This information was given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour & Employment, in a written reply to a question in Rajya Sabha, today.
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AK
(Release ID: 1497199)
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