Worth of EPFOs’ Rs 1.59 lakh crore funding in ETFs rises to Rs 2.26 lakh crore: Labour ministry
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Union minister of state for labour and employment Rameshwar Teli acknowledged in a written reply to the Lok Sabha that the Workers’ Provident Fund Organisation (EPFO) has invested Rs 1,59,299.46 crore in ETFs until March 31, 2022.
The reply confirmed that the notional market worth of the EPFO’s funding in ETFs stood at Rs 2,26,919.18 crore as on March 31, 2022.
The minister additionally instructed the Home that the EPFO invested Rs 12,199.26 crore in ETFs in April-June interval this 12 months, whereas the overall funding (in debt and fairness) was Rs 84,477.67 crore.
The physique had invested Rs 43,568.02 crore in 2021-22, Rs 32,070.84 crore in 2020-21 and Rs 31,501.09 crore in 2019-20 in ETFs.
The EPFO invests 85 per cent of the funds in debt devices and 15 per cent of the funding is made in ETFs, as per the funding sample notified by the federal government.
The funding in ETFs is made primarily based on Nifty 50, Sensex, Central Public Sector Enterprises (CPSEs) and Bharat 22 indices, Teli mentioned.
