EPFO, that manages the old age savings of 27.73 crore formal sector employees, invests 15 per cent of its corpus into exchange traded funds (ETFs) linked to NSE Nifty 50 and BSE Sensex.
The EPFO reduced the interest rate on EPF for 2021-22 to 8.1 percent for its approximately 5 million subscribers, down from 8.5 percent in 2020-21 in March 2022, which was the lowest since 1977-78.