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Should you withdraw lakhs from EPF to invest in mutual funds? Bengaluru CA says most people are asking the wrong question
A Reddit user's question about withdrawing Rs 33.5 lakh from EPF to invest in mutual funds sparked debate online. Sharing the post, Bengaluru CA Meenal Goel said most people focus too much on returns. She explained that EPF and mutual funds serve different purposes, with one protecting wealth and the other helping build it. Her advice: withdraw only what you need, keep EPF as a stable, tax-efficient asset, and invest future savings in mutual funds.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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EPF vs mutual funds: Which is better for retirement? EPFO compares returns, tax, pension benefits and risk - The Economic Times
The Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-linked returns and potential capital gains…
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Eligible for 75% EPF balance withdrawal and planning to do so? Think again and find out how much it will cost you to rebuild it - The…
New EPF withdrawal rules offer greater flexibility for salaried employees. Experts caution against withdrawing retirement savings prematurely due to lost compounding. Transferring…
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Should you withdraw lakhs from EPF to invest in mutual funds? Bengaluru CA says most people are asking the wrong question
A Reddit user's question about withdrawing Rs 33.5 lakh from EPF to invest in mutual funds sparked debate online. Sharing the post, Bengaluru CA Meenal Goel said most people focus…