विज्ञप्तियां उर्दू विज्ञप्तियां फोटो निमंत्रण लेख प्रत्यायन फीडबैक विज्ञप्तियां मंगाएं Search उन्नत खोज
RSS RSS
Quick Search
home Home
Releases Urdu Releases Photos Invitations Features Accreditation Feedback Subscribe Releases Advance Search
home  Printer friendly Page home  Email this page
English Release 25-January 2015
Date Month Year
  • President's Secretariat
  • Speech by the President of India, Shri Pranab Mukherjee at the banquet hosted in honour of the President of the United States of America H.E. Mr. Barack Obama
  • Address by the President of India on the eve of the Republic Day of India 2015
  • PRESIDENT OF INDIA’S MESSAGE ON THE EVE OF NATIONAL DAY OF AUSTRALIA

  • PRESIDENT OF INDIA WELCOMES US PRESIDENT AT FORECOURT OF RASHTRAPATI BHAVAN

  • Prime Minister's Office
  • US-India Joint Strategic Vision for the Asia-Pacific and Indian Ocean Region
  • Joint Statement during the visit of President of USA to India– ''Shared Effort; Progress for All''
  • India-U.S. Delhi Declaration of Friendship
  • English rendering of PM's response to questions during Joint Press Interaction with President of United States of America
  • Prime Minister's response to the questions during Joint Press Interaction with President of United States of America
  • Prime Minister's Media Statement during Joint Press Interaction with President of United States of America
  • PM greets the fellow citizens and Election Commission of India on National Voters' Day
  • Min of Defence
  • List of Honours and Awards to Army on Republic Day 2015
  • Nausena Medal (Gallantry) Vishnu P Unni, Sea I RC III, 224696 Z (Posthumous)
  • Nausena Medal (Gallantry) Commander Kuntal Wadhwa (41909-Y) (Posthumous)
  • Shaurya Chakra Commander Gosavi Kaustubh Vijaykumar, NM (03657-K)
  • Honorary Commissions for Army Personnel
  • Gallantry Awards to Army on 26 January 2015
  • 83 Presidential Awards for IAF This Year
  • Ashok Chakra Awarded to NK Neeraj Kumar Singh of 13 Rajputana Rifles (Posthumous) 374 Republic Day Gallantry and Other Defence Decorations Announced
  • Republic Day Parade 2015- A Curtain Raiser
  • President Confers Vayu Sena Medal (Gallantry) to Wing Commander Pankaj Sharma Flying (Pilot)
  • PTM and TM Awards for Coast Guard Personnel Announced
  • President Confers Vayu Sena Medal (Gallantry) Wing Commander Anup Sharma , Flying Pilot
  • President Confers Vayu Sena Medal (Gallantry) to Wing Commander Amit Jain, Flying (Pilot)
  • President Confers Vayu Sena Medal (Gallantry) to Wing Commander Saurabh Sharma Flying (Pilot)
  • President Confers Vayu Sena Medal (Gallantry) to Wing Commander Maneesh Kumar Roy Flying (Pilot)
  • President Confers Vayu Sena Medal (Gallantry) Shri Ravinder Kumar , Leading Hand Fireman (Posthumous)
  • President Confers Vayu Sena Medal (Gallantry) to Corporal Momocha Ningthoujam, IAF (S)
  • President Confers Vayu Sena Medal (Gallantry) Sergeant Ravinder Kumar Jakhar PJI
  • President Confers Vayu Sena Medal (Gallantry) to SQN Ldr Kapil Kareem Flying (Pilot)
  • President Confers Vayu Sena Medal (Gallantry) Squadron Leader Saurabh Raghuvanshi, Flying (Pilot) (Posthumous)
  • President Confers Vayu Sena Medal (Gallantry) to SQN Leader Mantej Singh Somal Flying (Pilot)
  • Min of Home Affairs
  • Padma Awards 2015
  • President’s Home Guards & Civil Defence Medal for Distinguished Service
  • Fire Service Medals Awarded To Fire Service Personnel On The Occasion Of Republic Day, 2015
  • State wise / Force wise Awardees of Republic Day Police Medals 2015
  • Jeevan Raksha Padak Awards – 2014 announced
  • Republic Day Police Medals 2015 Announced
  • Republic Day Correctional Service Medals Announced
  • Min of Personnel, Public Grievances & Pensions
  • ACC appointments
  • Ministry of Railways
  • Three RPF Personnel Awarded President’s Police Medal for Distinguished Service
  • Min of Urban Development
  • USA to assist in development of smart cities in UP, Rajasthan and Andhra Pradesh

Previous Date

 
Ministry of Labour & Employment29-July, 2008 18:0 IST
Central Board of Trustees select fund managers

      A special meeting of the Central Board of Trustees, Employees Provident Fund was held here today to decide on the issue of appointing a multiple fund managers to manage the provident fund monies.  The issue of multiple fund managers is under examination by the Board for more than two years.  In an earlier meeting, it was decided to appoint a professional agency to assist the EPFO through the process of appointing multiple fund managers.  M/s. CRICIL was appointed as a consultant.  After following rigorous scrutiny mechanism in a transparent and fair manner, the Committee of Officers short listed 17 out of 21 applicants for inviting request for proposals (RFP).  All the parties were informed of the requirements and technical parameters.  On examination of technical bid, 10 fund managers were shortlisted for financial bid.

            On opening the financial bid,   two fund managers among the shortlisted i.e. namely HDFC AMC, Birla Sun Life AMC., made a bid of 0%. Their bids were rejected after taking a legal advice and that zero bid would not constitute a valid contract.  The Board selected four fund managers on the basis of financial bid.  The fund managers selected and fee quoted by them are as follows:

1.         HSBC AMC                               0.0063%

2.         ICICIC Prudential AMC             0.0075%

3.         State Bank of India                  0.01%

4.         Reliance Capital AMC              0.01%

            It is expected that each year about Rs.30,000 crore would be available as incremental accretion to these fund managers. The monies be managed by them would be in a certain proportion that would be decided later.  Further they would also render custodial services for maintaining the previous investment currently held by SBI.

VBA/


(Release ID :40803)

Web Ratana This site is winner of Platinum Icon for 'Outstanding Web Content' Web Ratna Award'09 presented in April 2010
Site is designed and hosted by National Informatics Centre (NIC),Information is provided and updated by Press Information Bureau
"A" - Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110 001 Phone 23389338
Content Manager : Ms. Ira Joshi, ADG(IT).
Go Top Top

उपयोग संबंधी शर्तें स्वोत्वाधिकार नीति गोपनीयता संबंधी नीति हाइपरलिंकिंग नीति Terms of Use Copyright Policy Privacy Policy Hyperlinking Policy