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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
The updates aim to extend coverage and increase payouts.
Key changes in EDLI death benefits
Coverage for non-contributory period deaths
Previously, if an EPF member died after a non-contributory period, their family often lost eligibility for benefits.
Under the new rules, families can now claim EDLI benefits even if the deceased had a non-contributory period before passing.
This change recognises employment continuity and ensures financial relief.
Employment gaps no longer disqualify families
Earlier, even a short job transition gap, such as a weekend or holiday, could disqualify families from receiving benefits.
The new rule considers a break of up to two months as continuous service.
This ensures families receive the minimum EDLI benefit of ₹2.5 lakh and up to ₹7 lakh in case of death.
More families will benefit
EPFO estimates that over 14,000 families annually will now qualify for EDLI payouts.
The EPFO emphasised that these changes strengthen the government’s commitment to employee welfare.
In a separate update, the Central Board of Trustees (CBT) has approved an 8.25% annual interest rate for EPF savings for FY 2024-25.
First Published: Mar 12, 2025 10:30 AM IST
