National Conference on
Provident Fund in Equity Market
- The Role of Fund Manager
Friday, 31st July, 2015 at Hotel Shangri –La, New Delhi
As the Government has allowed investing at least 5% of Employees' Provident Fund Organisation (EPFO)'sincremental corpus in equity-related instruments, in the form of Exchange-Traded Funds (investment funds traded on stock exchanges) there will be a major boost to India’s Capital Market. The EPFO's incremental corpus is estimated to be around Rs 80,000 crore for fiscal year 2014-15. The investment pattern notified has suggested 5-15 % investment in equity and related instruments regulated by the Securities and Exchange Board of India, index funds and derivatives. However, the trade unions are opposing the move, fearing exposure to volatile and fluctuated stock market.
Provident fund is a very strong investment tool as part of retirement planning. However, one should not rely totally on the EPF as due to fixed returns, it does not allow to reap the benefits of the long-term growth in the market. Also, the corpus which one receives at the time of retirement may not be sufficient totally for the post-retirement life, considering manifold inflation. Further, the current Budget 2015-16 introduced an additional income tax deduction of Rs. 50,000/- for contribution to the New Pension Scheme (NPS) under Section 80CCD. NPS is investing 100% in corporate bond funds under the guidance of PFRDA. Other investment options should be explored to ensure complete fulfillment of the retirement goal. “Higher Potential But Higher Risk” indeed, the potential of stocks to give higher returns is the biggest selling point.
To discuss all issues related to the proposed scheme, ASSOCHAM is organizing a National Conference on “Provident Fund in Equity Market – The Role of Fund Manager” on 31st July, 2015 at New Delhi.
KEY ISSUES TO BE DISCUSSED
a. Overview of Provident Funds in India
b. Opportunities and Challenges of Investing PFs in Equity Market
c. Role of Government and its Initiative for Social Security
d. Role of Fund Managers/PE/VC in Investing for Better Returns
e. Major Changes in EPF/NPS and its Outcome
f. Role of EPFO/PFRDA For Protecting Interest of Workers, Employers & other Stakeholders
To know more in details, find the enclosed attachment
