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Investment In PPF

Hi..I want to start investing in PPF as the financial year has already been started. I was thinking to start investing from July Onwards. I want to know Is it a good time to start investing from July?

And also as i have seen in one of the Manish forum regarding PPF where is mentioned in Case 1 that lumpsum investment is Good. So shall i invest lumpsum in between 1st july to 5th july for whole year OR i invest monthly wise?

Please Suggest me what to do? I should invest OR not. Is PPF investment is Good OR i go for Tax Saving FD which given 9.00%.

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