EPFO’s investment in corporate debt to reduce to 20 percent

 

New Delhi, Feb 25: The Employees’ Provident Fund Organisation (EPFO) will substantially reduce investing its incremental income in debt instruments due to paucity of corporate bonds in the market. The government had decided that EPFO will be mandated to invest a minimum of 20 per cent of its incremental corpus in debt-related instruments, against the present requirement of 35 per cent.