TENDERS & PROCUREMENT

Clarifications on RFP for Selection of Asset Management Companies for EPFO ETF Investments

By TEAM CIRCULAR EXPRESS • 08 Aug 2026
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This document provides official responses to queries raised by various Asset Management Companies regarding the Request for Proposal (RFP) for selecting mutual funds for EPFO's Exchange Traded Funds (ETF) investments. It clarifies technical aspects such as brokerage fee payment schedules, inclusion/exclusion of statutory charges, and tracking error calculation methodologies. The circular ensures alignment with SEBI regulations and AMFI guidelines for the selection process. It also corrects terminology regarding index names used in the RFP.
Name/ Scope of work
Selection of Asset Management Companies of mutual funds for EPFOu2019s investments in Exchange Traded Funds (ETFs)
State
Array
Tender issuance authority
EPFO
Name/ Scope of work (duplicate)
Selection of Asset Management Companies of mutual funds for EPFOu2019s investments in Exchange Traded Funds (ETFs)
State (duplicate)
Array
Tender issuance authority (duplicate)
EPFO

Regards, Circular Express

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