Confused between ELSS & PPF for tax saving and better returns? You're not alone! Let's explore these Section 80C options and find what suits your financial goals.
ELSS is an equity mutual fund with a 3-yr lock-in, offering market-linked, higher growth potential. PPF is a safe, government-backed scheme with a fixed rate and 15-yr lock-in.
PPF offers fixed, guaranteed returns (~7.1%). ELSS, while volatile, historically delivers 10-15% over long terms. For wealth creation, ELSS often edges out PPF.
ELSS offers liquidity after 3 years but carries market risk. PPF is capital-safe with a 15-year lock-in, ideal for long-term, risk-averse goals. Match to your profile!
Don't use a 'one-size-fits-all' approach, ignore lock-ins, or focus only on tax savings. Avoid panic selling ELSS. Diversify for a balanced portfolio.
Both ELSS and PPF fit under 80C. ELSS for growth, PPF for stability. A blend often makes the most sense. Evaluate your goals & risk for the perfect mix!
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