Amit Sethi
The employee and the employer contribute a percentage of the employee's basic salary towards the employee's provident fund (EPF).
It allows you to build wealth in the long term to meet your financial needs.
EPF is a government-backed social security initiative ensuring the safety of the fund.
EPF fund is invested in low-risk assets, providing adequate protection.
EPF offers the convenience of accumulating funds as it doesn't require you to manage the fund.
Employee and employer contributions help build a robust corpus.
If you have a solid understanding of the investment market, you can explore other investing options.