Media Release

EPFO ETF to invest in BSE S&P Sensex Companies

Mumbai, Friday 6th August 2015: Asia’s oldest stock exchange and India’s fastest exchange, BSE is proud to be associated with the Ministry of Labour and Employee Provident Fund Organization’s (EPFO) in the historic decision to invest 5% of the incremental corpus of EPFO in exchange traded funds (ETFs).

SBI Mutual Fund has created and listed the SBI Sensex ETF on BSE, which is based on the most popular benchmark index of India, the S&P BSE Sensex. The ETF is available for trading on BSE’s platform.

Speaking on the occasion, Shri Ashishkumar Chauhan, MD & CEO, BSE said, “Investment of pension funds in stock markets is an internationally accepted practice. Many citizens world over have been able to obtain better returns by investing through stock markets. Using Exchange Traded Fund as the vehicle by EPFO for such investment has made the entire process transparent. BSE welcomes Investments in stock market through ETF using Sensex ETF. "

S&P BSE Sensex, popularly known as Sensex is the most popular Indian Index in the world. Sensex is popularly known as India’s Index the world tracks. BSE is the synonyms with the Indian Stock Markets for over a century. BSE is ranked as the largest Exchange in the World by no of companies listed as per world Federation of Exchanges (WFE).

Media Contact:

Yatin Padia

Corporate Communication

Yatin.padia@bseindia.com

+91 22 2272 8516