Confused between ELSS & PPF for tax saving? We break down these 80C heavyweights to help you choose what fits your financial goals best.
Equity Linked Savings Scheme invests in stocks for wealth growth. Shortest 3-year lock-in for 80C. High growth potential, but market-linked.
Public Provident Fund is a government-backed savings scheme. Offers guaranteed returns (approx. 7-8%). 15-year lock-in. Capital is 100% safe.
ELSS aims for 10-12%+ historical returns, but market-linked volatility. PPF offers predictable, risk-free 7.1% (current). Which aligns with you?
PPF boasts EEE status – contributions, interest, maturity are all tax-free. ELSS gains over ₹1L are taxed at 10% LTCG after 3 years. Know the rules!
ELSS has a short 3-year lock-in, offering more flexibility. PPF demands a 15-year commitment, ideal for truly long-term goals like retirement.
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