Stop the annual tax scramble! Unbox the heavyweights of Section 80C: ELSS & PPF. Let's find your perfect tax-saving match and grow your hard-earned money!
ELSS (Equity-Linked Savings Scheme) is market-linked, 3-yr lock-in, variable returns, high risk/reward. PPF (Public Provident Fund) is govt-backed, fixed interest, 15-yr lock-in, ultra-safe.
ELSS targets 12-15%+ returns over the long term, riding equities, but with market risk. PPF offers a guaranteed 7.1% (approx), steady & predictable, with no market risk.
ELSS has a short 3-year lock-in, then units are flexible. PPF requires 15 years, with limited partial withdrawals after 7 years. Plan for your liquidity needs carefully!
ELSS gains are subject to LTCG tax (10% over ₹1L profit annually). PPF boasts EEE status: contributions, interest, & maturity are all 100% tax-exempt. A huge advantage!
ELSS: For young, aggressive investors seeking wealth creation and comfortable with market risk. PPF: For risk-averse individuals prioritizing safety & guaranteed, tax-free returns. Why not both?
Don't rush tax planning. Understand your goals & risk appetite. Use a SIP or Goal Calculator on sipplancalculator.in to align investments with your dreams. Happy investing!