Centre Permits EPFO, Provident Fund Trusts To Invest In Bharat Bond ETFs

Centre permits EPFO, provident fund trusts to invest in Bharat Bond ETFs
Prior to this, the government had launched four tranches of Bharat Bond ETFs -- two in December 2019 and two in mid-2020.
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The Union government on January 4, 2020, issued a notification allowing the EPFO and exempted provident fund (PF) trusts to invest money in units of public sector debt ETFs such as the Bharat Bond ETFs.
Prior to this, the government had launched four tranches of Bharat Bond ETFs -- two in December 2019 and two in mid-2020.
For the government, Edelweiss Asset Management manages the ETFs. These ETFs are allowed to invest in AAA PSU debt. Apart from this, the set expiry dates of these ETFs are 2023, 2025, 2030, and 2031 which have a collective size of around Rs 30,000 crore.

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