A balanced portfolio of debt and equity assets is essential to generate optimal returns.
A Public Provident Fund (PPF) can be a valuable asset to fight volatility.
The government guarantees PPF returns; hence, it is risk-free.
PPF investments can help you earn through compounding over the long term.
PPF has a 15-year lock-in but allows premature withdrawal from the 7th year for emergencies, such as a medical emergency, higher education of self or children, etc.
You can start this small savings scheme with a minimum of Rs 500 and a maximum of Rs 1.5 lakh in a financial year.
PPF offers EEE (Exempt-Exempt-Exempt) tax benefits, ensuring tax savings during investment, interest accrual, and maturity proceeds.
Compiled By Himani Verma