Rs.1.5 lakh in PPF: Lump sum in April vs monthly investing; how much difference does timing make in the final corpus?
New Delhi, Aug. 30 -- If you have Rs.1.5 lakh to invest in the Public Provident Fund (PPF) every year, does it matter whether you put the entire amount in April or invest it in monthly instalments? This write-up is dedicated towards discussing this aspect in detail, along with the salient features of PPF.
To put it simply, yes, timing can make a difference to the final corpus. This makes it critical for investors to plan investments properly after understanding the fundamental differences between the two investment approaches.
Currently, the PPF scheme offers investors an annual interest rate of 7.1%. The interest earned is compounded annually. Further, be clear that the rate is reviewed periodically by the government. PPF interest is c...
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