the pf funds r mismanaged right now thanks to the left pressure of fixing higher rate of returns bu using reserves They are safe bcause of govt guarantee yes sensibly speaking govt should invest funds in the market if the pf ac holder allows but not with this market which is at an all time high and probably overvalued or better still the govt shd build a 401k type system like in usa where the holder has a broad framework to invest their pention funds.
and how do you guarantee that there will be no political intervention, or lobby for their business croonies, remember pronab mukharjee and the reliance scam in uti and then the historical mismanagement of uti 64, which was a trust fund and the managers were never held accountible to the investors but to ministers, who invariably used it as a tool to safeguard their interests
