Buy any PRS fund with RM3k. Done. That's all.
Yes. Need to dump another RM3k next year.

For PRS, don't think about the tax relief. Think also the about the best bang for buck fund.

If I were you,  I will start away from public mutual. Reason:
1) lousy fund (which mean overtime you will get more money if you choose other fund - cimb/kenanga)
2) 3% service charge.

Buy PRS from FSM MY. Zero percent service charge.

Avoid PM totally... It's way greener elsewhere..

Telling from experience, mine and others... Don't repeat the mistake again...

Spent some time Google then u wil understand wat I meant...
Or else ask  @T231H

First, there din't allowed you to swap it.
Furthermore if you swap it then you really stupid.  

3% sales charge is one off payment when you top up, but you get the total investment amount -0.1% management fees every year(Class A = 1.4% while Class C = 1.5%).

Don't underestimate this 0.1% as it link to total invesment value for every year, after 30 years you will end up receive similar return. I just do some excel spreadsheet and simulate few situation(Eg, only invest till 2021, Top up for 30years etc) but end up after 30 years the return will almost the same.

I just saw this post today & FYI I already invested CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity - Class A since 5 years ago but first two year only 75% to  Asia Pacific Ex Japan Equity, the total invested value is RM15,500(5years x RM3000 + RM500 youth incentive) and now it worth around RM22k.

You guys realised that's a RM165M allocation right?  Which is = 165k people only can get

i havent get the 1k
cimb prs here