How to manage corpus effectively after your PPF account matures
When your PPF account matures, it’s necessary to anticipate and plan for the next steps properly to utilise the corpus well and to secure your finances for the future. undefined Provident fund 1. Assess Your Financial Goals: Allow yourself to look at your financial goals and objectives. Whether savings for retirement, education expenses, or a major purchase, you will know how to draw your funds properly after elaborating on financial necessities. 2. Diversify Your Investments: Rather than being confined to your PPF corpus alone, you should seriously consider taking up a diversified investment in assets such as equities, bonds, mutual funds , and real estate . Spreading the risk through diversification can serve as a tool for optimization of the returns over the long run. 3. Explore Investment Options: Conduct research and exploration regarding various investment options in line with your risk tolerance and required vision. Ponder about magnitude, yields, and tax consequences, when ...