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DerpyPenguin
DerpyPenguin
30mo
by
Stealth

What are some of the best Investments someone can do with Approx Rs 5L

I am going to withdraw my PF as it has been lying idle since 2019. Looking to invest it for Kids aged 5 and 2

30mo ago
FluffyNugget
FluffyNugget
Plivo
30mo

It does get interest, no? Under what condition are u withdrawing full?

DerpyPenguin
DerpyPenguin
Stealth
30mo

There has been no pf deposit for more than 3 years. In such cases it becomes dormant and there is no interest

FluffyNugget
FluffyNugget
Plivo
30mo

Oh wow didn’t know this. Thanks. Wonder if similar case for NPS now

QuirkyNugget
QuirkyNugget
Stealth
30mo

Do you need the funds for a particular goal? If not your best bet is to invest it in an index fund

DerpyPenguin
DerpyPenguin
Stealth
30mo

There are no goals as of now. Index funds are a safe bet. Thanks

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