Tax season is here, and you're staring at ELSS & PPF. Which one is truly better for your financial goals? Let's break down these options simply.
ELSS (Equity-Linked Savings Scheme) invests in stocks for potential high growth. PPF (Public Provident Fund) is a government-backed debt scheme for guaranteed safety.
ELSS offers the shortest lock-in among 80C options: just 3 years! PPF requires a longer commitment: 15 years, ideal for truly long-term goals.
ELSS provides market-linked returns (potential 12-15%+) with 10% LTCG tax over ₹1L. PPF offers fixed, tax-free 7.1% (EEE) returns, prioritizing safety.
Ideal if you're young, have a high-risk appetite, and a long investment horizon. Leverage the 3-year lock-in for wealth creation and specific future goals.
Perfect for risk-averse investors, those nearing retirement, or who prioritize guaranteed, tax-free income. Its 15-year lock-in builds disciplined savings.
Don't just save tax; invest wisely! Use Goal SIP & SIP Calculators on sipplancalculator.in to align your investments with your unique financial journey.