The total amount in the investment corpus of the Employees' Provident Fund Organisation (EPFO) more than doubled in the past five years to ₹24.75 trillion in the financial year 2023-2024 (FY24) from ₹11.1 trillion in FY19, according to the annual report of the social security organisation reviewed by Business Standard.
In FY24, the total investible corpus under this social security organisation grew by 15.8 per cent from ₹21.36 trillion in the preceding financial year.
Meanwhile, the number of active contributing subscribers grew by 7.6 per cent to 73.7 million in FY24 from 68.5 million in FY23.
Of the total investible corpus, the Employee Provident Fund constitutes ₹15.29 trillion, followed by the Employee Pension Fund (₹8.76 trillion) and Employees' Deposit-Linked Insurance Scheme (₹45,528 crore).
This story is from the December 04, 2024 edition of Business Standard.
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This story is from the December 04, 2024 edition of Business Standard.
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