{"id":1819,"date":"2024-04-25T06:21:13","date_gmt":"2024-04-25T06:21:13","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1819"},"modified":"2026-03-02T19:23:03","modified_gmt":"2026-03-02T19:23:03","slug":"which-is-better-ppf-or-elss-for-tax-savings","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/25\/which-is-better-ppf-or-elss-for-tax-savings\/","title":{"rendered":"Which is better, PPF or ELSS for tax savings?"},"content":{"rendered":"\n

From a tax savings perspective, the ELSS<\/a> scores over PPF as the lock in period for ELSS is only 3 years, whereas it is 15 years for PPF. What it means is that you can get tax benefit 5 times over a period of 15 years with the same money if you invest in ELSS. However, this assumes current taxation laws continue. Even from a returns perspective, ELSS will beat PPF. PPF will not attract any tax on redemption, but Capital Gains on ELSS will be subject to tax if they are in excess of Rs.1,00,000. However, this can be avoided through smart planning. All things considered, ELSS is the better option.<\/p>\n\n\n\n\n

\n

Maxiom Wealth \u2014 Free Tool<\/p>\n

Maximise Your \u20b91.5 Lakh 80C Tax Saving<\/h3>\n

ELSS is the only 80C option that also builds long-term wealth \u2014 with the shortest lock-in (3 years) and equity-level returns. See your tax saving and projected corpus with our ELSS calculator.<\/p>\n Calculate ELSS Returns \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

From a tax savings perspective, the ELSS scores over PPF as the lock in period for ELSS is only 3 years, whereas it is 15 years for PPF. What it means is that you can get tax benefit 5 times over a period of 15 years with the same money if you invest in ELSS.… Read More »Which is better, PPF or ELSS for tax savings?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,97],"tags":[],"class_list":["post-1819","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-tax-saving-and-elss"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1819"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1819\/revisions"}],"predecessor-version":[{"id":3323,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1819\/revisions\/3323"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}