The pension fund regulator is looking to expand the investment universe of the retirement corpus to include gold and silver exchange traded funds, and venture capital funds. Saikat Neogi explains how investing in precious metals can deliver better long-term wealth creation for subscribers
l Diversification of investible assets
THE PENSION FUND Regulatory and Development Authority (PFRDA) may allow pension funds under the National Pension System (NPS) to invest in gold and silver exchange-traded funds, venture capital funds, and private credit. Broadening the universe of investible assets will enable pension fund managers (PFM) to potentially earn higher returns for NPS investors. Commodities, particularly precious metals, act as a natural hedge when equity and debt markets underper