Investment of EPFO Funds in ETFs was Rs 14,984 crore in FY17

Capital Market 

The investment limit in ETFs has been recommended to be raised from 10 per cent to 15 per cent by the Central Board of Trustees, Employees Provident Fund in its 218th meeting held on 27 May 2017. Accordingly, the estimated investment in ETF for the current Financial Year is approximately Rs. 22,500 crore.

The details of investment in Exchange Traded Funds (ETFs) during 2015-16 & 2016-17 are as under:

2015-16 (Fig. in Rs. Crore)

SBI Nifty 50 ETF

4,922

SBI Sensex ETF

1,655

Total

6,577

2016-17(Fig in Rs. Crore)

SBI Nifty 50 ETF

7,912

SBI Sensex ETF

2,691

UTI Nifty 50 ETF

1,911

UTI Sensex ETF

662

CPSE ETF

1,808

Total

14,984

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