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.
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.