Public Provident Fund (PPF) vs Mutual Funds (MFs): Check 6 step guide to big gains
Public Provident Fund (PPF) vs Mutual Funds (MFs): PPF has been preferred investment option, due to tax efficiency, guaranteed returns. Mutual funds gained popularity over the last few years. To pick best investment option, we tell you what you must do. Investor must look at many factors other than returns and tax efficiency. 6 steps to big gains here:
LIQUIDITY: PPF is a long-term, government-backed savings scheme to create a retirement corpus. PPF is a popular investment option as it offers guaranteed returns and tax benefits. MFs pool and invest savings of many investors in diversified instruments. PPF investments have lock in period of 15 years; MFs can be partially withdrawn from year 7