PF in Share Market: Up to 20 percent of your PF can be invested in the stock market, you can get more interest

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Big news related to Employees’ Provident Fund Organization (EPFO) came on Monday. If sources are to be believed, the EPFO ​​may approve a proposal to increase the investment limit in shares and related investment products from the current 15 percent to 20 percent. It may get the green signal soon. The final seal on this can be taken in the important meeting to be held on 29 and 30 July. At present, the EPFO ​​can invest 5 per cent to 15 per cent of the investible deposits in equity or equity related schemes.

Gain from the stock market in two years
In the Lok Sabha on Monday, Minister Rameshwar Teli told that a proposal has been received regarding the demand to increase investment in the scheme related to the stock market by 20 percent. The EPFO-linked equity scheme had a hypothetical 14.67 per cent return in 2020-21, which increased to 16.27 per cent in 2021-22. However, in 2019-20 there was a loss of 8.29 percent.

1.04 lakh crore rupees
EPFO had settled 2.88 crore claims in 2021-22. Under this, an amount of Rs 1.04 lakh crore was paid to its members. Similarly, in 2020-21, a total of 2.33 crore customers were paid Rs 91,187 crore as claims. In 2019-20, Rs 70,202 crore was given to members under 1.28 crore claims.

Expansion

Big news related to Employees’ Provident Fund Organization (EPFO) came on Monday. If sources are to be believed, the EPFO ​​may approve a proposal to increase the investment limit in shares and related investment products from the current 15 percent to 20 percent. It may get the green signal soon. The final seal on this can be taken in the important meeting to be held on 29 and 30 July. At present, the EPFO ​​can invest 5 per cent to 15 per cent of the investible deposits in equity or equity related schemes.

Gain from the stock market in two years

In the Lok Sabha on Monday, Minister Rameshwar Teli told that a proposal has been received regarding the demand to increase investment in the scheme related to the stock market by 20 percent. The EPFO-linked equity scheme had a hypothetical 14.67 per cent return in 2020-21, which increased to 16.27 per cent in 2021-22. However, in 2019-20 there was a loss of 8.29 percent.

1.04 lakh crore rupees

EPFO had settled 2.88 crore claims in 2021-22. Under this, an amount of Rs 1.04 lakh crore was paid to its members. Similarly, in 2020-21, a total of 2.33 crore customers were paid Rs 91,187 crore as claims. In 2019-20, Rs 70,202 crore was given to members under 1.28 crore claims.

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