Salaried? Confused about tax-saving investments? Let's decode the ELSS vs PPF dilemma for your financial future. It's not 'A' or 'B' – it's what's right for YOU.
Both ELSS (Equity-Linked Savings Scheme) and PPF (Public Provident Fund) save tax under 80C. But these two popular options take very different routes to wealth creation.
ELSS: 3-year lock-in, market-linked returns (potential 10-15% CAGR). PPF: 15-year lock-in, fixed 7.1% (Govt-backed). Growth potential vs. guaranteed stability.
ELSS: Moderate to High Risk, linked to equity markets. Value can fluctuate. PPF: Ultra Low Risk, backed by the Government of India. Capital is absolutely safe.
Choose ELSS if you have a moderate-high risk appetite, seek inflation-beating returns, and a longer investment horizon beyond the 3-year lock-in. Ideal for wealth creation.
Opt for PPF if you prioritize capital safety, assured predictable returns, have a low-risk appetite, and are planning for very long-term goals (15+ years).
Don't see them as rivals – use them as teammates! Diversify your 80C portfolio for balance. Plan your tax savings intelligently. Use our calculators at sipplancalculator.in!