Which is better for your annual tax-saving goal? Let's dive deep to secure your financial future.
ELSS is an equity mutual fund with a 3-year lock-in, aiming for growth. PPF is a government-backed fixed-income scheme, locking money for 15 years, offering safety.
ELSS targets 12-15%+ returns (market-linked). PPF offers ~7.1% (guaranteed). Over 15 years, ELSS can build ₹20-40 lakh more. Compounding is key!
ELSS has the shortest 3-year lock-in among 80C options. PPF requires a 15-year commitment. Choose based on your future liquidity needs.
ELSS carries market risk for potentially higher returns. PPF is virtually risk-free, with guaranteed capital & interest. Align with your financial comfort.
Don't delay until March. Understand lock-ins. Don't just chase returns. Use 80C for wealth creation, not just tax. Consider a mix!
Not one-size-fits-all. Use our SIP & Step-Up Calculators to plan your wealth journey! Visit sipplancalculator.in today!