In financial year 2020, the value of employees' provident fund held by individuals in India amounted to nearly 14 trillion Indian rupees, an increase from the previous year. EPF benefit plan is widely used by the salaried class people in the country, where the employee and the employer contribute to the scheme.
Employees' provident fund (EPF) value as a part of individual wealth in financial assets across India from financial year 2015 to 2020
(in trillion Indian rupees)
Characteristic
Employees' provident fund value in trillion Indian rupees
India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
Values have been rounded.
Note: One Indian rupee is equal to 0.014 U.S. dollars and 0.012 euros (as of August 2021).
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Karvy Private Wealth. (April 6, 2021). Employees' provident fund (EPF) value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/724012/india-employees-provident-fund-value-in-individual-financial-assets/
Karvy Private Wealth. "Employees' provident fund (EPF) value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees)." Chart. April 6, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/724012/india-employees-provident-fund-value-in-individual-financial-assets/
Karvy Private Wealth. (2021). Employees' provident fund (EPF) value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/724012/india-employees-provident-fund-value-in-individual-financial-assets/
Karvy Private Wealth. "Employees' Provident Fund (Epf) Value as a Part of Individual Wealth in Financial Assets across India from Financial Year 2015 to 2020 (in Trillion Indian Rupees)." Statista, Statista Inc., 6 Apr 2021, https://www.statista.com/statistics/724012/india-employees-provident-fund-value-in-individual-financial-assets/
Karvy Private Wealth, Employees' provident fund (EPF) value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/724012/india-employees-provident-fund-value-in-individual-financial-assets/ (last visited November 21, 2024)
Employees' provident fund (EPF) value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) [Graph], Karvy Private Wealth, April 6, 2021. [Online]. Available: https://www.statista.com/statistics/724012/india-employees-provident-fund-value-in-individual-financial-assets/
