Investment
Mutual funds, bonds, and investment planning basics.
Articles
Frequently Asked Questions
No — the bank typically acts as a distributor; the actual investment is held with the mutual fund/asset management company through a registrar, and its value fluctuates with market performance independent of the bank's own balance sheet.
Partial withdrawals are allowed after a specified number of years subject to conditions, but PPF has a long statutory lock-in period overall, and premature closure is permitted only in specific circumstances defined by the scheme rules.