ESIC too may be allowed to invest 15% of corpus in mutual funds, stocks

The ESIC corpus currently stands at over ₹90,000 crore. Of this, over ₹23,000 crore is earmarked as reserve fund, while the rest is invested in government securities (45-65%), debt and related instruments (20-45%), and short-term debts including fixed deposits (5-10%) based on the traditional investment pattern of ESIC.

from Personal Finance News-Wealth-Economic Times https://ift.tt/38M4mFP