The approval, however, is on a case-to case basis which will be decided by the Finance Investment and Audit Committee (FIAC).
The investment in alternative investments which includes trusted public sector InvITs is capped at 5% of annual deposits.
The meeting, which was earlier scheduled for November 16, is happening nearly seven months after the last meeting held in March this year.
The Central Board of Trustees also approved setting up of of four sub-committees to look into aspects of social security
Under the existing notified investment pattern, the EPFO invests between 45-50% of its incremental deposits in government securities, 35-45% in debt instruments, between 5-15% in equities, up to 5% in short-term debt instruments and up to 5% in asset-backed, trust-structured and miscellaneous investments including the alternate investment funds (AIFs), real estate investment trusts (REITs) and units of infrastructure investment trusts (InvIT).
