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I had withdrawn Rs. 5 lacs from my GPF & now i intent to invest it some where else. suggest for more earning?


I have withdrawn Rs. 5 lac from my GPF account for purchase of house. But same could not be materialised due to some reasons. Now i want this amount be re-invested in some schemes, so that firstly i could get monthly income, good interest rates on these amounts. I also want to invest in mutual funds but do not know much about it. Please suggest.

don't invest the whole lot in mutual find... but don't if u don't know anything about it. second best is fixed deposit in banks...they are paying 9.5 %.. but if u r not in a hurry deposit in i year term, 2 and 3 years..

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