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    TO Maximize Returns Let' S Look AT THE Right Ways TO Invest IN PPF

    Uploaded by

    LUCKY SINGH
    The document provides tips for maximizing returns in a Public Provident Fund (PPF) account such as investing at the beginning of each month to earn interest for that month, contributing every year to avoid penalties for missed contributions, and extending the account beyond maturity rather than closing it to continue building tax-free retirement income. It also recommends opening a PPF account for children to help create a large corpus for their future needs.

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    © All Rights Reserved
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    TO Maximize Returns Let' S Look AT THE Right Ways TO Invest IN PPF

    Uploaded by

    LUCKY SINGH
    10 views1 page
    The document provides tips for maximizing returns in a Public Provident Fund (PPF) account such as investing at the beginning of each month to earn interest for that month, contributing every year to avoid penalties for missed contributions, and extending the account beyond maturity rather than closing it to continue building tax-free retirement income. It also recommends opening a PPF account for children to help create a large corpus for their future needs.

    Original Description:

    knowleagable

    Original Title

    46

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    The document provides tips for maximizing returns in a Public Provident Fund (PPF) account such as investing at the beginning of each month to earn interest for that month, contributing every year to avoid penalties for missed contributions, and extending the account beyond maturity rather than closing it to continue building tax-free retirement income. It also recommends opening a PPF account for children to help create a large corpus for their future needs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    10 views1 page

    TO Maximize Returns Let' S Look AT THE Right Ways TO Invest IN PPF

    Uploaded by

    LUCKY SINGH
    The document provides tips for maximizing returns in a Public Provident Fund (PPF) account such as investing at the beginning of each month to earn interest for that month, contributing every year to avoid penalties for missed contributions, and extending the account beyond maturity rather than closing it to continue building tax-free retirement income. It also recommends opening a PPF account for children to help create a large corpus for their future needs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    RIGHT

    WA YS
    TO
    INVEST
    INP PF
    •I
    tworksonfi
    nancial
    yearba
    sis
    ,i.
    e.f
    romApr
    ilt
    oMar
    ch.
    •Y
    oucaninve
    stami ni
    mumRs .500toamaxi
    mumofRs.
    150,
    000p.
    a.whi
    chc
    anbe
    i
    nve
    stedini
    nstal
    lmentsora
    salumpsum.

    TOMAXI
    MIZERETURNSLET’
    SLOOKATTHE
    RI
    GHTWAYSTOINVESTI
    NPPF:

    •Tomaxi
    miz
    eretur
    nsinv
    e s
    twit
    hint
    hefir
    st daysof 5
    anymont
    h.Thi
    sensur
    esthaty
    ourco
    ntr
    ibuti
    one
    arns
    i
    nter
    estf
    ort
    hatmonth.

    •Inve
    sti
    nga tt
    heendoftheyearwi
    lls
    ure
    lyhel
    p
    sa
    v et
    axesbutatt
    heco
    s tofr
    eturns
    .Here
    ’sac
    ompa
    ris
    on-

    *As
    s umpt
    ions:
    Returns:
    7%p. a
    .
    Ter
    m: 15year
    sfromt
    hee
    ndo
    fini
    ti
    als
    ubs
    cri
    pti
    ony
    ear

    •Cont
    ri
    butet
    oy ourPPFa c
    countever
    yyear
    .Incas
    eyou
    mis
    soutoncont
    ri
    butionsi
    na nyfi
    nanci
    alye
    ar,t
    henyo
    ur
    PPFacc
    ountwil
    lbetreat
    edasdisc
    onti
    nued.

    •Tore
    v i
    vetheac
    county
    ouwil
    lhavetopayapena
    ltyofRs.
    50fore
    achyea
    rof
    de
    faul
    ta ndthemini
    mumcont
    ributi
    onofRs.
    500f orea
    chyea
    ryoumis
    sed
    pa
    y ment.

    •Youha
    veano
    ptiont
    otakeal
    oanfr
    omy o
    urPPFa
    cco
    unt
    fr
    om3rdye
    art
    ill
    theendof6t
    hfina
    nci
    alyea
    r.

    •Howev
    erwesug
    ges
    tyo
    uno
    ttodos
    oasi
    twi
    ll
    neg
    ati
    vel
    yimpa
    ctt
    heg
    rowt
    h
    ofy
    ourcor
    pus
    .

    •Thoughyoucanwithdr
    awmoneyfr
    omthe7
    thy ea
    ronwar
    ds,
    we
    sugge
    styounottodosoasi
    twil
    ldi
    st
    urbt
    hecor
    pusandbe
    at
    thepurpo
    seofcr
    e a
    tingl
    ongt
    ermweal
    th.

    •Onmaturit
    y,don’
    tclo
    setheacc
    ountbute
    xtendit
    .Youc
    an
    ex
    tendy
    o urac
    countinunl
    imit
    edbloc
    ksof5years
    .Thi
    swil
    l
    hel
    pbui
    ldasourceofta
    xfreer
    eti
    rementi
    ncomeforyo
    u.

    •Ope naPPFacco
    untfo
    ry o
    urchi
    ldr
    enandle
    titcont
    inue
    beyondmatur
    it
    y.Thi
    swi
    llhel
    pcre
    ateahugeco
    rpusfor
    the
    m.

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