Tag: employees provident fund organisation

The Employees' Provident Fund Organisation (EPFO) has initiated discussions with the finance ministry regarding the potential reinvestment of its entire redemption proceeds from exchange-traded funds (ETFs) back into the stock market. Sources familiar with the matter told ET that the EPFO has put forth strategies aimed at optimizing equity returns while safeguarding gains against market volatility.The EPFO's apex decision-making body, the central board of trustees, authorized the organization during its late March meeting to consider reinvesting the redemption proceeds derived from its ETF investments. However, the implementation of...