28.7.15

EPF Money to be Invested in Equities

About Rs.6,000 crore of EPF (Employees' Provident Fund) money would be invested in equities by March 2016 with a view to get higher returns, said Union Minister of State for Labour Bandaru Dattatreya on Monday.
The investment would begin with 1 per cent of EPF-related money which could eventually go up to 15 per cent, he said.

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