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15 lakh salaried employees with PF a/cs stuck with toxic IL&FS bonds

Sunday, February 17, 2019, 6:42 PM

A new threat looms large for the government in an election year. A spanking new but restive community of salaried employees is concerned about its money deposited with the Employees Provident Fund Organisation (EPFO). At the cutting edge of the ever burgeoning IL&FS crisis, these employees are exposed to toxic investments. The growing discontent is across some of the blue chip Indian corporates.
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You may get more stocks in your provident fund account

Monday, April 30, 2018, 10:44 AM

The 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, a basket of stocks that track an underlying index and are traded on stock exchanges.

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