The Employees’ Provident Fund Organisation (EPFO) may allow its subscribers a greater say in increasing or decreasing their equity exposure. But does that make sense for investors who are used to a simple product?
Since 2015, a part of the money you invest in PF goes into equities through exchange-traded funds (ETFs), a basket of stocks that track an underlying index and are traded on stock exchanges.
Between August 2015 and February 2018, the EPFO invested around Rs41,968 crore in equities and gave a notional return of 17.23%, according to a press statement released after the meeting of the central board of trustees on 13 April. In FY18, EPFO invested 15% of its incremental corpus in equities.
