It's tax season panic! You're juggling work, EMIs, and dreams. Which truly builds wealth: ELSS or PPF? Let's decode the debate for busy professionals.
PPF is stable, government-backed debt (safe family car). ELSS invests in stocks for growth (high-potential sports car). Safety vs. significant growth potential.
ELSS has the shortest 3-year lock-in, offering flexibility. PPF locks your money for 15 years, ideal for disciplined, ultra-long-term goals like retirement.
PPF is EEE (fully tax-exempt). ELSS is EELT: investment is exempt, but gains > ₹1 Lakh are taxed at 10%. ELSS's potential growth often outweighs this.
Risk-averse, prioritize safety & guaranteed tax-free returns. Have a 15+ year horizon, value forced savings, or are closer to retirement. It's capital protection first.
Comfortable with market fluctuations for higher wealth growth. Target significant corpus over 5+ years. Prefer a shorter 3-year lock-in. Young or mid-career.
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