Employee Provident Fund Organization EPFO has achieved
more than 20 per cent returns annually by placing the money of provident fund
of the members in the stock market during the last two years. However,
EPFO has recommended 8.55% interest on PF for this year i.e.
2017-18. Under current rules, EPFO can invest 15% of the investable PF
fund in the stock market.
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| Equity Tips |
Return on investment
in stock market more than 20%
According to the data released by the EPFO, the EPFO has
invested a total of 37,667.38 crores in the exchange traded fund ie ETF between
August 2015 to December 29, 2017. In this period, EPFO received a total
return of 20.65% on ETF investment. In view of the improved return from
the EPFO stock market, EPFO can ask for increasing the limit of investment
in the stock market. This can give better interest on PF.
Most investment
investment in SBIBI Mutual Fund
EPFO has the highest 27,852 89 crore invested in SBI
Mutual Fund EPFO received a total return of 19.96 percent on this
investment. After this, the EPFO has invested the second largest Rs
5,982.14 crore in the UTI Mutual Fund. UTI Mutual Fund received a total
return of 24.71% on investment. Total investment of 1807.81 crores in EPFO
Central Public Sector Enterprises Here's the return of 21.08 percent in
the last two years.
India gets highest
return in 22
EPFO has invested a total of Rs 2,024.75 crores in 22
exchange traded funds in India. With investment in India 22, EPFO
received the highest return of 71.56 per cent.
ETF starts at
5%
EPFO has started investing in ETF from August 6,
2015. At the beginning, ETFs had a total of 5 per cent investment. At
the beginning, the EPFO was allowed to invest only in the SBI Mutual Fund
ETF. Later, the central government had also given permission to invest in
UTI Mutual Fund. The central government later increased the limit of
investment in the stock market to 10 per cent and after this it increased to 15
per cent.
EPFO manages the funds of more than 8 lakh crores of its
members. At present, the number of active members of EPFO is about 5
million.
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