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    1. Every mutual fund scheme/ SIP has 2 different plans "Direct" and "Regular"?
    2. Yes No
    3. "Direct Plan" gives 1.5% more returns than "regular plan" year on year?
    4. Yes No
    5. In regular plan this 1.5% goes to agent or advisor?
    6. Yes No
    7. Should this benefit of direct plan be given to investor's?
    8. Yes No
    9. In long run maturity value of SIP of Rs. 5000 in "direct plan" can be higher than maturity of regular plan?
    10. 50 Lacs
      75 Lacs
      1 Crore

    PPF – Public Provident Fund As Retirement Option In India

    Posted By :  admin  Posted Date : 01-09-2017  Last Updated: 07-09-2017

     PPF – Public Provident Fund As Retirement Option In India 

    This is the best investment in safe investments backed by the surety of the Government. In India this is a Central Government sponsored scheme, which is provided by Post Office and designated branches of banks

    Post Office.


    Bank of Baroda.


    Oriental Bank of Commerce.

    State Bank of India – SBI.


    Punjab National Bank.


    ICICI Bank.

    What are the benefits of PPF?

    This gives you an opportunity to accumulate your corpus for retirement with hedge to inflation.It helps you in maintaining the purchasing power of your money in 15 to 25 years of your life.

    This product is of long term in nature and you can invest up to 1.5 lac in a year.
    This gives you return of 8.7% in the fy 2014 – 2015.

    Is it suitable for individuals?

    No plan is good or bad, only the situation of individual decides whether he or she should buy the product or not.

    You should not buy any plan without planning your need at retirement. This plan protects your money from inflation and hardly adds any value to your purchasing power.

    Investment without knowing your need you can have short corpus or you may have very high surplus corpus by unnecessarily sacrificing your other needs.

    This is good for people who are not disciplined enough to invest regularly or who cannot avoid premature withdrawals.

    The answer is comprehensive customized life planning, this makes you plan your life with approximately all the domains of life.

    Buy paying Rs. 25000 a year in PPF, can you think of getting pension of Rs. 25000(in today’s value) per month at retirement?

    The answer is ‘NO’

    To carry out – all your responsibilities you need to plan your life

     Comment Here

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