PPF: Secure Investment or Outdated? Uncover the Truth About Your Best Option

• PPF is a government-backed scheme offering secure investment and fixed interest, popular for its reliability.
• It falls under the EEE category, meaning investment, interest, and maturity amount are all tax-free.
• Current interest rate is 7.1%, but returns may not keep pace with rising inflation.
• Key challenges include a 15-year lock-in period and an annual investment limit of Rs 1.5 lakh.
• While secure, PPF offers limited liquidity and lower returns compared to higher-risk options like MFs and SIPs.

Key Question Answered

What are the alternatives to PPF for higher returns?

Alternatives to PPF for potentially higher returns include Senior Citizen Savings Scheme (SCSS) offering 8.2% interest, NSC with 7.