Labour Ministry has notified new investement pattern for EPF funds. Now, EPFO is required to invest from 5% to 15% of EPF funds into share market. This investment needs to be done in ETF (Exchange Traded Funds). Now, starting Apr, 1% of EPF funds will be invested in ETF which will increase to 5% by the end of one year.
Trade Unions were demanding investment in Govt. securities. Despite opposition from Trade Unions, the Govt. has allowed investment in share market.
