POSTED BY April 3, 2012 4:03 pm COMMENTS (20)ON
I’ve been reading a lot about how exemption on tax saving mutual funds have been extended for 1 more year and how it is a good investment.
Now, I have 8,333 p.m ready to invest from this month onwards (total 1 lac p.a). I don’t have a PPF account yet, so I have a choice between 8,333 PM in PPF or invest the same in some tax saving mutual funds and then start PPF from next year onwards.
What do you experts suggest? I’m 32 and this is for my retirement fund. I’m willing to wait for 15 – 20 years in both cases of investment.