PPF is a popular option for those who prefer low-risk investments. However, it is important to understand what a PPF Account is and how you can invest in it. It was launched in India by the National Savings Institute under the Ministry of Finance in 1968. A Public Provident Fund allows a deposit of Rs…
Angana and Srija, two friends in their 30s, were enjoying a cup of coffee when the topic of retirement planning came up. Angana trusts PPF because it offers safety and guaranteed returns. Srija, however, prefers SIP, hoping for higher growth. Curious to see which option would work better, they both decided to invest Rs 90,000…
Let’s compare two popular investment options: SIP (Systematic Investment Plan) and PPF (Public Provident Fund). SIP allows you to invest small amounts regularly, but returns can vary based on market performance. PPF, on the other hand, is a government-backed scheme with fixed returns. We will see which one can grow your money more over 20…
If you are wondering where to invest – SIP or PPF – to generate a sizeable corpus, you are not alone. Many of us are confused about the various investment options. In this context, we will compare SIP and PPF to help you decide which one can generate a higher corpus with an investment of…
Public Provident Fund is a government-backed scheme that is popularly known as PPF. You can earn tax-free deposits, interest, and maturity amount with a PPF account under Section 80C. You can also avail loans against your Public Provident Fund balance from the 3rd to the 6th year of investment. The lock-in period of a PPF…
A Public Provident Fund (PPF) is a government-backed investment option for risk-averse investors, along with a guaranteed return. However, the investment amount has a limit in this scheme, with up to 1.5 lakh in a year. PPF also has a lock-in period of 15 years, which can be extended further to 5-year blocks. Whereas in…