Sebi, exchanges pitch for pension money in capital markets

Jun 01 2014, 12:08 IST
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Sebi and top stock exchanges have asked the new government at the Centre to allow a portion of pension money to be invested in equities and mutual funds. Sebi and top stock exchanges have asked the new government at the Centre to allow a portion of pension money to be invested in equities and mutual funds.
SummarySebi and top stock exchanges have asked the new government at the Centre to allow a portion of pension money to be invested in equities and mutual funds.

per cent of their corpus in equities and mutual funds.

Besides, Sebi has recommended that members of EPFO earning over Rs 6,500 per month should be offered an option to invest part of their corpus in a MF product of their choice.

It has also been proposed by Sebi that tax benefits should be given for pension schemes launched by mutual funds.

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