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Showing posts from January, 2020

5 Difference between ELSS vs PPF vs NSC vs Tax Saving Fixed Deposit

ELSS (Equity Linked Saving Scheme), PPF (Public Provident Fund), NSC (National Saving Certificate), and Tax-saving fixed deposits with banks are four of the most popular way to save tax under section 80C , but which one is the best among these four? How do you choose whether to invest your 1.5 lakh rupees, the maximum amount allowed to invest under section 80C qualified for deduction from taxable income? In this article, I am going to share key differences between ELSS vs. PPF vs. NSC, and  Tax Saving Fixed deposits with both private and public sector banks. Once you know the differences, you can make an informed decision where to put your money depending upon your goals and risk appetite. Read more »