ELSS vs PPF: Which is a better tax-saving instrument under section 80C ?
The easy way to allocate is let your age decide
Your current age = PPF % allocation
ELSS vs PPF: Which is a better tax-saving instrument under section 80C ?
100 – your current age = ELSS % allocation
For example, if you age is 25 then allocate 25% in PPF and 75% in ELSS
If your age is 60 then allocate 60% to PPF and 40% to ELSS
Best way to start SIP, each month. Ideally this is good idea for small investment like to cover 80C limit for tax benefit.
For any large investment planning, always consider your entire family income, expenses & goals, which is subjective to each family needs !
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