ENCOURAGED BY THE relatively high returns for Employees' Provident Fund Organisation (EPFO) from equity investments since 2015, the government is looking to hike the retirement fund body's exposure to the segment significantly.
The higher equity exposure—roughly 9.5% of the EPF investible surplus is currently invested in specified exchange-traded funds (ETFs)—is being planned with a view to raise the returns for EPF subscribers substantially from 8.25% now (FY24) official sources told FE, adding that the returns used to be as high as 10-12% in the 1990s.
The labour ministry has recently formed an internal committee to look at ways to achieve higher investments in equity, the sources added. The move may also result in diversifying the EPF's equity portfolio, which is currently restricted to ETFs.
この記事は Financial Express Chandigarh の December 18, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Financial Express Chandigarh の December 18, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
White-collar hiring up 9% in December
AI/ML, OIL & GAS, FMCG MAJOR GROWTH DRIVERS
Manu, Gukesh Among 4 to Be Awarded Khel Ratna
DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.
Climate change mitigation needs funding
At the fourth edition of the IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India and moderated by Amitabh Sinha, Editor (Climate and Science), panellists discussed how municipal bodies can leverage capital markets to solve climate-related problems
Captain Rohit to miss Sydney Test, 'opts to rest'
THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.
Norms for capex release...
THE BALANCE OF ₹55,000 crore is untied advances to states for projects identified by the states.
Indices soar nearly 2%
EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.
Rein in tax terrorism
WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS
When big idea met big tech
AI IN ADVERTISING
A 'Made in China' crisis awaits big auto
When Jaguar's \"COPY nothing\" brand reboot hit late last year, one self-styled car enthusiast replied on X: \"What the actual hell is this?\" Jaguar's response: \"The future.\" That remains to be seen. But the ad, unfamiliar and unsettling, does at least work as a portent of what's coming for the global auto industry.
H-1B Visa Flip-Flop
Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future