POSTED BY November 17, 2010 4:46 pm COMMENTS (3)ON
I recently switched job, and now in my new organisation i have two options. And in both cases my contribution will be matched by my employer. –
(1) Opt for Min. Provident Fund (EPF) deduction and increase my montly take home salary
(2) Opt for Max PF deduction (12% of Basic Salary)
Is it a good idea to go for Option 1 and invest the difference in a diversified Mutual Fund. Also, assuming that I stick here for 3 yrs, what is the kind of return that is expected ?