EPFO invests INR 2909 crore in Exchange Traded Funds Till November 26

Q.  EPFO has invested INR ____ in ETFs till November 26, 2015, according to the Labour Ministry.
- Published on 03 Dec 15

a. 2907
b. 2908
c. 2909
d. None of the above

ANSWER: 2909
 
EPFO has invested INR 2909 within a span of 4 months in Exchange Traded Funds to maximise earnings. As per approval of CBT, EPFO is said to invest only 5% of its investment in ETF during this financial year. The EPFO has invested Rs 2,322.10 crore in ETFs during August-October on which it earned an annualised return of 1.52 percent.

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