EPFO is considering giving its subscribers an opportunity to choose equity investments.

Employees' Provident Fund Organisation (EPFO) ​​is considering giving its subscribers an opportunity to decide on options for equity investment. Till now EPFO's subscribers do not have this option and the orgnisation itself invests up to 15 percent through its fund managers in equity market.

The interest of people in the PFRDA regulated National Pension Scheme is increasing rapidly because the National Pension Scheme (NPS) gives the option of investing in equity to both the private and government employees. They are also provided with the flexibility to fix the investment limit.

Under the National Pension Scheme, the subscribers are getting an average return of up to 12 percent in equity investment. Therefore for providing better returns to its crores of subscribers, EPFO ​​can also increase the limit of equity investment and give an opportunity to its subscribers to decide the total limit of investment.

Although in no case more than 50 percent of the contribution is expected to be allowed to invest in equities.

SIDDHARTH GOHEL

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