PPF vs Mutual Fund: How to save for retirement
From April 2016, PPF and other small saving schemes are no more assured return tools because its interest rate is announced on a quarterly basis, say experts
PPF vs Mutual Fund: Retirement means end of earning for many but it certainly doesn't mean end of spending. So, an earning individual has to accumulate enough wealth in one's retirement portfolio so that he or she can meet one's financial needs as a retiree. As retirement planning means long-term investment, Public Provident Fund (PPF) account is one of the most preferred investment options among the investors. However, investing in mutual fund is also fast catching as it gives option to an investor to invest in monthly Systematic Investment Plan (SIP) mode. In mutual fund SIP mode, an investor can invest from a small amount and can go for long by increasing the amount in sync with one's rising income. So, it becomes important to know how to save for retirement planning if one has both PPF and mutual fund options available for investing.