In current world, when someone told you a guarantee return more than FD, it will be always fishy.

Did u really pay tax? 3k tax relief for a monthly income of 3k also less than 10%.
it just minus your total taxable income, which may change your grp of tax. eg if ur total income 50k, tax 16%, minus 3k become 47k, tax 10%, save 6%.
thise SC thing is not a type of guarantee too, as if u put in Maybank GIA have more tuan 3% pa. even in kids saving acc got 3.15% just by put the money and can withdraw anytime.

PRS 3k per yr, to reduece money give to gov, and make it become urs, same time prepare retirement.

As survey, only 34% malaysian saving for retirement, and only 35% percent of kwsp holder is having enough amount for their retirement.
this is the idea of PRS come.

My eastspring small cap fund is in the negative now. Not sure how...