The Employees’ Provident Fund Organisation (EPFO) is looking to differentiate its investments based on age and risk profile of its members, as it aims to invest more in equity for younger members and expand its investment horizon both in terms of asset class and geographies.
At present, EPFO is allowed to invest between 5 and 15 per cent of its investible deposits in equity instruments, irrespective of the age or risk profile of its members.
A vision document for EPFO released by the Union Labour Minister Bhupender Yadav on its 70th foundation day on Tuesday laid out a phase-wise road