EPFO looks to reinvest its ETF money, pings Finance Ministry
The Employees' Provident Fund Organisation (EPFO) is in discussions with the finance ministry to reinvest its redemption proceeds from exchange-traded funds (ETFs) back into the stock market. The EPFO aims to maximize equity returns while protecting gains from market volatility. The proposal, which would increase retirement funds flowing into equities, needs approval from the finance ministry.
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