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In a country where salaried individuals in both government and private sectors regularly plan their finances, the debate over safe investment avenues remains evergreen. Among the most popular choices are the Public Provident Fund (PPF) and bank Fixed Deposits (FDs), both often recommended for risk-averse investors. But which of the two delivers better returns over the long term?
A recent explainer by financial educator Ankur Warikoo has shed light on this question, breaking down the potential growth of a yearly investment of Rs 1.5 lakh over 15 years.
PPF is a government-backed scheme, widely regarded as one of the safest investment instruments. Currently offering an interest rate of 7.1%, all returns from PPF are exempt from income tax. Investors can contribute

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