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For its fixed income portion, the fund seeks to invest in government and corporate bonds, and money market instruments of maturity 12 months or less. I... The Prudential Series Fund - Flexible Managed Portfolio is an open-ended variable annuity balanced mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Quantitative Management Associates LLC and PGIM, Inc.
So what is it, and where does it go? Employeeâs Provident Fund (EPF) is a retirement benefit scheme thatâs available to all salaried employees. This fund is maintained and overseen by the Employees Provident Fund Organisation of India (EPFO) and any company with over 20 employees is required by law to register with the EPFO. Itâs a savings platform that helps employees save a fraction of their salary every month that can be used in the event that you are rendered unable to work, or upon retirement.