EPFO Plans To Invest Up To 3% Of Fresh Annual Funds In Startups, AIFs
The Employees' Provident Fund Organisation (EPFO) is preparing guidelines to invest in alternative investment funds (AIFs), potentially opening a new avenue for deploying retirement savings into startups and other growth-oriented sectors. According to a report by The Times of India, a proposal to allocate up to 3% of EPFO's fresh annual accretions to Category I and Category II AIFs was discussed…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
