The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) have approved that up to 5 per cent of the annual deposits can be invested in alternative investment funds (AIFs) including infrastructure investment trusts (InvITs). This investment will offer diversification to the EPFO’s investment basket.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The Finance Investment and Audit Committee (FIAC) have been tasked to decide upon the investment options, on a case-to-case basis. However, the board has also decided to focus only on government-backed alternatives, which are category one funds like public sector InvITs and bonds. The AIFs are regulated by the Securities and Exchange Board of India (SEBI).
Did you know that India has a neighbouring country whose shape looks just like a…
Did you know glass is not just something we use every day — it is…
India’s agricultural exports to the United States are expected to witness a strong boost, with…
In a major boost to India’s air power, the Defence Acquisition Council (DAC), chaired by…
India’s retail inflation stood at 2.75 percent in January 2026 under the new Consumer Price…
Did you know that some crops are not only food but also the backbone of…