POSTED BY September 15, 2013 9:24 pm COMMENTS (5)ON
As advised in the following link https://www.jagoinvestor.com/2012/02/how-ppf-interest-is-calculated-video.html, investing a big amount during the start of the financial year, will return a good interest.
As advised, I am depositing a good amount in the start of financial year(April). But currently am depositing it in ppf by transferring this huge amount from my savings a/c.
So, instead of doing this i need to keep an amount separately as SIP on a monthly basis and need to invest in the start of every financial year.
So,Could you please suggest me whether liquid funds is the good approach for this, so that i can deposit this amount ( Rs. 4000/5000) every month in liquid funds and transfer it to PPF during the start of the financial year?
Please let me know your thoughts /negatives (if any) on this approach.
Thanks and Regards,