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Ultra Short Term fund & PPF

Hi All,

 I had invested in JM Money Manager Fund Super Plan and now I am looking for another fund in the same category but confused as there are so many funds and their performance too were mixed and can you folks please help me out with one another FUND. Thanks.

I have another question on PPF.

  My current PPF account is with the govt and my new company has its own trust who runs the PPF and my question what is advisable whether to close the account with the govt and get the money or to transfer that to the new employer.

The guy who took session on finance in new company made some points like transferring the ppf money from govt managed to the trust would be a tedious process and there are cases where it’s been more than 1 years still money is not transferred so submit the forms asap if you want to transfer. 

Any pointer towards whether the withdrawal of PPF money is taxable now and also how it would change once DTC would come into effect from next year will be highly helpful. Thanks.

With Warm Regards,

Rajendran. N

 

 

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