EPFO considering to raise equity investment limit to 25%
Mon, Jun 6, 2022 7:29 AM

EPFO considering to raise equity investment limit to 25%

A Flip by Farha
Get it on Google Play
The Employees' Provident Fund Organisation (EPFO) is considering a proposal to raise its investment limit in equities. According to the sources, the incremental flows from the existing 15% will be raised to 25%.

This proposed 25% equity investment of daily inflows will be raised in two phases, first to 20% and then to 25% in the second phase.

More great flips

SoundHound AI: Should Investors Buy This Artificial Intelligence (AI)

SoundHound AI: Should Investors Buy This Artificial Intelligence (AI)

SoundHound AI (NASDAQ: SOUN) stock has witnessed a roller-coaster ride on the market so far this year, gaining terrific momentum in February after it was revealed that Nvidia has a small stake in the company that's known for providing artificial intelligence (AI) -powered voice solutions.However, things soon started going south.

Open Flip
Why VinFast Auto Stock Jumped Today?

Why VinFast Auto Stock Jumped Today?

VinFast Auto (NASDAQ: VFS) launched its VF 3 low-cost electric SUV in January at the Consumer Electronics Show in Las Vegas. But the Vietnamese electric vehicle (EV) maker didn't start accepting orders for the compact SUV until last week. And initial interest looks to be huge.After reports that it received deposits for nearly 30,000 of the new EV model in under 72 hours.

Open Flip
ETF Spotlight: CONL Rises With Crypto, Falls on CME

ETF Spotlight: CONL Rises With Crypto, Falls on CME

CONL ETF - Coinbase - SpotlightThe GraniteShares 2x Long COIN Daily ETF (CONL) rose 8% in the past week as bitcoin emerged from a weeks-long slide, then reversed course Thursday, dropping 18%, following a report that CME Group is planning to start bitcoin trading. Thursday's news about CME's potential foray into crypto trading signals Wall Street's increasing interest in digital assets.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon