EPFO made over Rs 67,000 crore from exchange-traded funds, shows data

Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20

The Employees’ Provident Fund Organisation (EPFO) has made Rs 67,619.72 crore from its foray into exchange-traded funds (ETFs).

It had invested a total of Rs 1.59 trillion, which is now worth Rs 2.27 trillion, according to the data disclosed in Parliament on August 8.

The ETFs are modelled on equity indices, including the S&P BSE Sensex, the Nifty50, and those tracking listed public sector companies.

Equity ETFs typically look to closely track the returns of benchmark indices. They do not seek to actively buy and sell their holdings to generate higher returns like an actively managed fund. They are considered a low-cost alternative