POSTED BY March 24, 2014 2:37 pm COMMENTS (3)ON
I recently changed my job and have doubt about Provident Fund.
PF of approx. 1 lacks is accumulated in my PF account from my previous job. I have an option of withdrawing this sum and invest it somewhere else (I know ideally I should transfer this amount to new PF account).
Please suggest which will be more profitable option from below:
· Transfer amount from old PF account to new one (I heard that this takes long time. Aslo usually we don’t get chance to withdraw PF).
· Home loan prepayment (I have taken 14 lacks home loan in 2012 and EMI is jointly paid by my wife).
· Investment in share market ( I am already doing SIP of 15000 per month)
· FD / tax saving FD
· Any other profitable option