Which tax-saving option makes more sense for your hard-earned money? Let's decode the dilemma for salaried professionals.
Staring at your 80C declaration? ELSS & PPF are popular. Both save tax, but their investment styles, risks, and returns differ vastly. Find your ideal match.
Equity-Linked Savings Scheme. Invests in stocks, offering market-linked returns. Shortest 3-year lock-in among 80C options. High growth potential, but comes with market risk.
Public Provident Fund. Government-backed debt instrument. Offers guaranteed 7.1% annual interest (current). 15-year lock-in ensures capital safety and tax-free maturity.
PPF offers stable 7.1%. ELSS funds aim for 12-15%+. Over 15 years, ₹1.5L annually could grow to ₹40.6L (PPF) vs. ₹59.8L (ELSS). The power of compounding is key!
ELSS: 3-yr lock-in, market risk, higher liquidity after lock-in. PPF: 15-yr lock-in, capital guaranteed, limited liquidity. Choose based on your risk appetite and financial goals.
Don't just save tax, invest wisely! Use our SIP & Goal-based SIP Calculators on sipplancalculator.in to visualize your wealth growth journey. Find your ideal ELSS & PPF mix.