What is Public Provident Fund? | Should you invest in PPF? | How to invest in PPF? | PPF Explainer
Автор: Value Research
Загружено: 2024-01-20
Просмотров: 25882
Описание:
The Public Provident Fund is a long-term savings instrument established by the Central Government, which offers tax benefits on savings and withdrawals after the lock-in period.
Investments:
Minimum: ₹500 per annum
Maximum: ₹1.5 lakh per annum
Interest: 7.1% compounded annually
Tenure: 15 years. One can extend the account in blocks of five years on completion of 15 years.
But should you invest in PPF, or are better alternatives available? Watch this video to understand.
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