New EPFO Norms to Boost Infra Funds Inflows

The Employees Provident Fund Organization's (EPFO's) recent relaxation of investment norms for public sector bonds is likely to trigger a flow of funds into the infrastructure segment, through the Infrastructure Debt Funds (IDFs). In the new guidelines, any AAA-rated public sector unit will qualify for investments for tenure up to 25 years. Any AA-rated PSU will qualify for investments for tenure up to 15 years.