Pension Reforms in India Open a Window of Opportunity
Global Finance › Vol. 19 Nbr. 3, March 2005
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Summary
In a major relaxation of the rules covering the pension fund management industry in India, the government went against all expectations and allowed non-government pension funds to invest in the Indian equity markets. Private sector pension funds can now invest 5% of their assets in blue-chip shares. In addition, they can also invest 10% of their funds in equity-oriented mutual funds.
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Pension Reforms in India Open a Window of Opportunity
In a major relaxation of the rules covering the pension fund management industry in India, the government ...
See the full content of this document
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