Dear Sachin, withdrawing money from VPF is not that much easy. Also as the total corpus in PF ‘ll be more there may be a temptation to withdraw more than the VPF pitched in. PF is primarily meant for retirement & I want to keep it that way only.
An income fund or dynamic bond fund as Ashal said is a good Idea. My take is over a 5 year period, capital protection and low tax outgo are more important that returns that come with risk. I will simply choose a liquid fund which give 6-7% returns.
If you are salaried person,, you can try increasing your VPF, this way you will 8.5% tax free return on your investment. you should be able to take out your EPF/VPF for special scenarios like house purchase.
Ashal – whats your take on this? please suggest.
SBI dynamic bond fund
Dear Sachin, withdrawing money from VPF is not that much easy. Also as the total corpus in PF ‘ll be more there may be a temptation to withdraw more than the VPF pitched in. PF is primarily meant for retirement & I want to keep it that way only.
Thanks
Ashal
An income fund or dynamic bond fund as Ashal said is a good Idea. My take is over a 5 year period, capital protection and low tax outgo are more important that returns that come with risk. I will simply choose a liquid fund which give 6-7% returns.
If you are salaried person,, you can try increasing your VPF, this way you will 8.5% tax free return on your investment. you should be able to take out your EPF/VPF for special scenarios like house purchase.
Ashal – whats your take on this? please suggest.
Dear Rajan, please opt a long term debt fund or a dynamic bond fund. Interestingly choosing a debt fund is tougher than an Eq. fund.
Thanks
Ashal