Is Investing in sukanya samriddhi yojana is good both from the tax saving side and returns side ? may i know what is CGAR returns of this scheme , at the end of the this scheme ?
It is debt product and for long goals, this single product is not suffice to beat the goals like education and marriage of kids. Hence, don’t rely on this product too much. Maximum you can invest around 30% of investable amount in this product. Rest of the product must be in equity.
Tax saving is alternative. But it must not be your sole criteria to invest in any product.