14 comments

  • mani

    hi suresh ji,
    I have deposited 5L in KVP in Jan2016. so my investment will be doubled in 8yrs 4 months as per previous interest rate OR will be doubled in 8yrs 9 month as per new interest rate ? pls clarify. thanks.

    • It would be doubled as per the KVP document given to you. All these new rates would be effective from 1-Apr-2016. Means if you buy them fresh after 1-Apr-2016, these new rates would be applied

  • Elina

    Hi Suresh,

    I want to invest 200000 per year please let me know where can i invest so that i can get very good return in coming 15 years..

    Please help Thanks Elina

    • It depends on your risk appetite. If you do not want to take risk, invest in PPF for Rs 1.5 Lakhs per annum. You can open PPF account in your spouse name and invest balance 50K also in spouse name. You can get 8.7% tax free interest for 15 years. If you can take some risk, consider investing in mutual funds. Invest in top funds which I indicated in my previous articles.

  • Mathew K J

    Hi Suresh, First of all thanks for the regular flow of articles you keep sending. Love its simplicity and purpose. One observation here.The EPF interest rate change from 8.75 to 8.80% is for the FY 2015-16 and not for FY 2016-17. Hence we are still not sure of the interest rate effective 1st April 2016 as of now, but we know that we would be getting 8.8% for our EPF for the FY 2015-16. Please correct me if I am wrong…Thanks

  • Raghu

    Thanks for the info Sir

  • Ganesh

    Thanks for the valuable information.

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