₹1.5L tax-saving under 80C. Priya needs to choose: ELSS for equity growth or PPF for debt safety? Let's decode which builds wealth better for you!
Equity-Linked Savings Scheme (ELSS) invests in stocks. Higher returns potential, but market-linked. Shortest 80C lock-in (3 years). Gains taxed at 10% LTCG over ₹1L.
Public Provident Fund (PPF) is government-backed debt. Stable, predictable interest (7-8%). Returns are tax-free. BUT, your money is locked for 15 long years!
Historically, equities (ELSS) outperform debt (PPF). ₹1.5L/year for 15 yrs: PPF (~7.1%) gives ₹44.5L. ELSS (~12%) could hit ₹75.7L! Big wealth difference for long-term.
ELSS has short-term market risk, but 3-yr lock-in smooths it. PPF is "safe" but lacks liquidity for 15 years. Avoid March rush; SIP early; diversify; understand true lock-ins!
Don't just save tax, build wealth! Ready to see your money grow? Use a SIP Calculator on sipplancalculator.in to project your ELSS wealth potential. Start planning smart now!