The Exchange Traded Fund (ETF), which was set up in 2014, consists of shares of 10 PSUs — ONGC, GAIL, Coal India, Oil India, Indian Oil, Power Finance Corp, Container Corp, Rural Electrification Corp, Engineers India and Bharat Electronics.
Employees Providend fund organization. Which maintain more than 6 lak Cr is now interested to invest in Equity. They are thinking to invest in EPSE ETF. The move come very late as Sensex and Nifty gave multifold return to its investors.
For EPFO, there is only one way for investing and that is GOVERNMENT bonds. History proves it that EQUITIES ARE better THAN Debt for investment.
But the move is coming when Indian Equity is in bull run and happy that government is Realising it.