Versa is good only if the AHAM Capital funds is doing well and there is tax rebate. Also the cash is giving 4% and above

This is referring to the interest rate for the Money market fund by Versa ? The better option would be to deposit cash at Kenanga?

https://forum.lowyat.net/topic/5422441

Isn't it just better to dump into EPF since you can also get the tax relief for EPF self contribution now and EPF dividend will most likely have higher return compared to PRS?

So i interested to apply prs in versa and dump every year 3k.So every year correct me i got also tax relief paid back to me rm3k rite?

Versa PRS scheme how much interest we can get , 4% p.a ?

anyone already widraw money from versa prs ?
i afraid this is scam once i reach 55 years later i cannot widraw it.

i thought the Versa 4% promo already over since March ?

Actually with this promo, it is around 4.5%.
Min bal of RM1k and auto debit of RM200/500 monthly is not too difficult.

I am not following you.

Can set up auto debit RM200 to versa cash to qualify for the campaign.
And assume you already have RM1k in versa cash, then you will qualify to this +1% (Apr wise is 3.68% base + 1% promo = 4.68%)
this promo is applicable for first RM10k in your account.
liquidity wise, the RM200 that deposited into account thru auto debit, can be cashed-out too as long as you keep minimum balance of 1k.

Anything i miss?
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Update: Gone through the terms again and i understand now. So the Rm200/500 need to stay under "Invest" fund, and you get +1% on your "Save" account.
So this promotion is only suitable for ppl who are open to have investment in MMF.

People seems scared about versa invest. Actually auto debit in invest fund is not a bad idea using cost averaging every month. This is funds not shares that will likely delisted. It's safe to use dollar cost averaging.

It’s auto debit into Versa Invest, not versa cash/save. Versa invest is their unit trust fund.
People elsewhere i dont know. But people here is not scare at all at versa invest. All sifus here dont like to invest in versa invest as there’s sales charges and they got better option to invest with higher returns.    I.E DIY and US markets

is any of the versa invest portfolio worth investing into? their rates seems impressive, but I noob dunno if it's true.

Would you share what are the fund choices you're looking at instead of the ones in Versa?

  I thought by setting up auto debit then can get 4.77% ? No?  What is that fund about?