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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
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Interest on provident fund deposits will be 8.5% in 2019-20





The Employees Provident Fund Organization (EPFO) reduced the interest rate on provident fund deposits to 8.5 per cent for the current financial year 2019-20. This is the lowest level in seven years. EPFO paid 8.65% interest on EPF to its 6 crore members for 2018-19. The decision to reduce interest was made by the Central Board of Trustees (CBT) of EPFO, the apex decision-making body in EPFO. The latest EPFO ​​decision will be sent to the Finance Ministry for approval, as the EPF guarantor is the central government. The Finance Ministry has been insisting on increasing the interest rate of EPF to the same rate as other small savings schemes of the government like PPF and Post Office Savings Schemes.


EPF interest rates in the last few years
Financial Year
Rate of Interest on EPF
2018-19
8.65 %
2017-18
8.55 %
2015-16
8.65 %
2014-15
8.80 %
2014-15
8.75 %
2013-14
8.75 %
2012-13
8.50 %




After the meeting, Labor Minister Santosh Gangwar said that it has been decided to reduce the interest rate on EPF to 8.5 per cent for the financial year 2019-20. He informed that if 8.5% interest will be paid on EPF in the current financial year, then EPFO ​​will have a surplus of more than Rs 700 crore. A source in the ministry said that if 8.55 per cent interest was paid on EPF in this financial year, the EPFO ​​would have a surplus of more than Rs 300 crore. Had the interest rate been kept higher than 8.55 per cent, the EPFO ​​would have incurred losses. The new interest rate of EPFO ​​is the lowest since 2012-13. Even in 2012-13, the EPFO ​​interest rate was 8.5 per cent.



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