For tax saving purpose PPF or ELSS, which is better? Right now I am investmg Rs.3,000 in PPF. But not sufficient for tax exemption. While investing in ELSS lump sum or SIP which mode is best?
Sandy-Before choosing products for investments, first understand your financial goals. Without goals, simply investing for tax saving purpose may totally harm your finance. Your each investment must match to financial goals. Also, do remember that ELSS is an equity product. Hence, keep that one for your long term goals.
Should I increase my pf subscription or choose a elss.wat about NSC for 5 years or10 years
Sandy-First udnerstand your financial goals. I am repeating it once again. Then chose product. While investing thing of tax saving also. But don’t set tax saving alone as your SOLE AIM of investing.