PFRDA lets pension funds add gold and silver to their mix
Big update for anyone thinking about their future savings: India's pension regulator (PFRDA) just made it possible for private pension funds to invest in gold and silver ETFs, along with expanding their stock options from 200 to the top 250 companies.
This is the first time commodities like gold and silver are allowed in pension portfolios, giving more ways to grow your retirement money.
What's new for your retirement investments
Under the new rules, 90% of pension fund assets will now specifically go into the top 200 stocks of the NIFTY 250 Index, but now there's room for a bit more flexibility.
The other 10% can be invested in other approved stocks or even IPOs and FPOs under certain conditions.
The goal? More choice, potential for better returns—and increased exposure to market volatility and risk through diversification.