Comparison of epfo with good opportunities
I compared e.g 3lakh with basic small finance bank Fd with 8% and Epfo with 8.25% the result is almost similar only negative in fd is tax bracket only and somehow if we managed it that also better. As bank have quarterly compounding its comes near even with low interest, just think if u found some better fd like senior citizen fd in parents name, then think equity growth is way better even with capital growth. In epfo 8.25 but annual compounding and 8.25 also not stable each year they may change and ur money is locked somewhere even if u need for urgent ur unable to get most of time and new rules keep 25% for one year even ur unemployed, seems this money is useless even after unemployment. This is why epfo is for conservative investors, who dont want to put effort in finding good opportunities. Let me know ur suggestions.