Hello Basavaraj Sir,
I am planning to open a PPF account next month and I want your expert advice before investing.
1) I want to know how safe will be my money in PPF since maturity period is after 15 years. I recently read few articles ( all of these links are related to EPFO but I remember somewhere I read PPF and EPFO are similar.) Is it still safe to invest Rs.1,50,000 in PPF annually in lump sum.
2) When to invest in PPF? Please let me know whether investing in PPF in the month of March (FY Ending) is more profitable than investing in the month of April (FY beginning).
Hoping to hear from you soon.
Thanks and Regards,
P.s: I am very new in handling the finances and please do not mind if this post seem to be a silly question. Thanks again!
- PPF is complete safe as it is the product run by Government of India. EPF and PPF are two different things. Hence, don’t compare both.
- Even though there is no such huge difference, but investing in the month of April and that too before 5th of month will be beneficial.
Thank you Sir.