Which is Best for Long-Term Tax Saving Goals? Let's decode this financial puzzle, friend to friend!
ELSS is equity-linked with higher growth potential & market risk, 3-yr lock-in. PPF is govt-backed debt, guaranteed returns, 15-yr lock-in, pure safety.
ELSS aims for 10-15%+ via equities, but has market volatility. PPF offers predictable 7.1%* (approx) tax-free returns with zero market risk. Your risk appetite matters!
ELSS locks your money for just 3 years. After that, it's flexible. PPF has a significant 15-year lock-in, perfect for truly long-term goals like retirement.
PPF is truly EEE (Exempt, Exempt, Exempt) – investment, interest, withdrawal are all tax-free. ELSS is EET (Exempt, Exempt, Taxable) on capital gains > ₹1 Lakh.
Stop thinking "either/or." A balanced approach with BOTH ELSS (for growth) and PPF (for stability) is often ideal. Align investments with your specific financial goals!
Ready to grow your wealth? Use our SIP Calculator to project ELSS returns, or a Goal SIP Calculator to plan specific dreams. Visit sipplancalculator.in now!