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Maximising returns: EPFO to invest in InVITs sponsored by govt bodies
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The Central Board of Trustees (CBT), the highest decision-making body of the Employees’ Provident Fund Organisation (EPFO), on Saturday decided to use all approved investments, including Infrastructure Investment Trusts (InvIT) bonds sponsored by government organisations like NHAI, in order to enhance returns.
As per the notified investment pattern, EPFO can invest its incremental deposits –amounting to around Rs 1.8 lakh crore a year at present – as follows: 45%-50% in government securities, 35-45% in debt instruments, up to 5% in short-term debt instruments, between 5 and 15% in equities and up to 5% in asset-backed, trust-structured and miscellaneous investments.
The asset-backed, trust-structured and miscellaneous investment category was
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