Important Points for IC 83 - Group Insurance and Retirement Benefit Schemes Exam
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EPFOs investment philosophy is HTM (Held Till Maturity).
At present, Crisil is providing consultancy services to the EPFO.
The existing four fund managers of EPFO are SBI, HSBC, AMC, Reliance Capital Ltd and ICICI securities primary dealership.
Pension Fund Regulatory and Development Authority was established by the Government of India on 23rd August 2003 to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds and for matters connected therewith or incidental thereto.
The pension fund is a fund established by an employer to facilitate and organise the investment of employees retirement funds contributed by the employer and employees.
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