Employee investment fund organization (EPFO) plans to start investing part of the annual deposit in the invitation.
The movement of the EPFO to invest in invitations is intended to increase investment in infrastructure. In addition, this will also help pension fund managers to expand the scope of his investment outside the bonds, government securities and funds traded on the Exchange (ETF), officials said to Mint.
MoneyControl cannot verify independently.
Similar to mutual funds, infrastructure investment beliefs (invants) allow individual / institutional investors to invest a small amount of money in infrastructure to get a small portion of income as a return.
“Among the Alternative Investment Funds (AIF), the invitation is a good choice. There is a request for long-term funds in the larger infrastructure sector. It also offers a mixture of mixtures for the EPFO to see beyond traditional investment vehicles,” one of two Officials told this publication.
Other officials said that, through Invit, infrastructure projects could increase long-term funds from pension funds.
Infrastructure funds, SME funds and social enterprises funds are several options in the AIF category segment and are regulated by SEBI. The government has allowed the EPFO to invest part of the corpus in this instrument, the report said.
“Alternative investment funds give us a broader choice to park our deposit. Even though it is registered in the private room and PSU, the EPFO can weigh the options and can see PSU invites if our central board decides to look at only the government sector,” said Second Official According to the report.
