Pension fund may invest more in equities next year: Labour minister

Reuters Updated - January 23, 2018 at 11:40 AM.

Labour Minister Bandaru Dattatreya. (file photo)

India’s state pension fund could invest more into equities in the next fiscal year starting April by raising the current limit set at 5 per cent of total investable assets, Labour Minister Bandaru Dattatreya said on Thursday.

The comments came as the Employees’ Provident Fund Organisation (EPFO) said on Thursday it would invest in stocks this year for the first time.

Published on August 6, 2015 07:14