New Delhi : Pension Fund Regulatory and Development Authority (PFRDA) has widened the investment options for deploying funds to garner better returns.The pension fund regulator has now allowed pension funds to be invested in NIFTY 250 Index stocks not exceeding 25 per cent of the total corpus, the master circular dated December 10 said.

It has also permitted investments in gold and silver ETFs, giving pension funds the option to diversify into commodity investments.The regulator has also allowed investment in units of Infrastructure Investment Trusts (InvITs) regulated by the SEBI and investment in SEBI-Regulated 'Alternative Investment Funds' (Category I and Category II only), it said. Read Also SEBI Gives Big Relief To NRIs On Re-KYC Rules, Physical Presence In India No Longer Neede

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