Both instruments, often recommended by financial advisors for long-term wealth creation, offer tax benefits. (Photo Source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Retirement planning requires a long-term investment strategy, selection of appropriate assets and consistency. An extended horizon with smart selection of investment instruments can help you in building a sizeable retirement corpus. In India, when it comes to retirement planning, investors often prefer investment options like the Public Provident Fund (PPF) and Equity Linked Savings Scheme (ELSS).

Both instruments, often recommended by financial advisors for long-term wealth creation, offer tax benefits. However, they come with varying levels of risk, returns and investment tenure. Before selec

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