Is PPF better than Fixed Deposits? PPF, FDயை விட சிறந்ததா?

[@mohamedrafi8178]

Is there a computation similar to HRA for a five-year tax-saving fixed deposit when completing an ITR?

[@amithkumarm8947]

Hi bro na uber la car driver pannuran , uber la 5 lakh tanduna 1 percentage tds pudipanga, tds pudicha it file pannanum, but na 5 lakh kulla tan financial year la uber earnings so it file pannala, Na 1 lakh per year nu 15 lakh ppf la investment panna maturity amount 27 lakh something varum athuku tax illa nu solluranga ok, but withdraw pannum podhu source of income kepangala bro

[@ram_2211]

Bro, Help me to understand the crazyness behind PPF. The main disadvantage of PPF is 15 years lock-in period. We know it just helps to beat the inflation. If anybody have 15 years to wait for getting money, why nobody suggesting them to put it on at least 8% ROI Mutual fund? (after LTCG 10% tax, effective ROI = 7.2+%) It has risk, I agree, But only for short time and not for 15yrs. And the advantage is we can get the money anytime within 3 days. I see nobody in YT promoting FD because of Lower ROI, But everybody promoting PPF even it has lower ROI just in the name of avoiding Income tax. Eg: I see many KZbinrs are promoting avg of 15% ROI MF and telling it has low risk in long term, but also promoting this lower interest rate of PPF instead of its alternate 8% ROI MF will give the same, and We know ROI of MF in real world. Kindly clarify my question, why people and KZbinrs are so much crazy about the 15 years lock-in PPF instead of simple logical MF? Thanks

[@viki19910]

it will compound for long years.. what will happen if our market behaves likes Chinese market... it is the surplus amount apart from mutual fund for parking the money. Also it is like a debt asset class. so if you want to make your portfolio a multiasset class PPF is like a debt component .. so diversify your portfolio not entire portfolio like equity based

[@ram_2211]

@@viki19910 I understand the diversification bro, MF's return is also compount for long years, if we want to choose mult asset class with debt asset, GILT funds are the perfect option with 8% CAGR for last 5 years. It may be slightly increase or decrease, But here the main advantage is we can get money anytime not like waiting for 15years.

[@thinkingtamizha007]

Listing the reasons below 1) For a person who doesnt want to take any risk in equity markets or a person who doesnt have enuf cash flow to put in equity, PPF comes handy 2) Even for investors with good income, you cant keep entire wealth in equity. You need a mix of debt, equity, gold and real estate.. with dwindling returns in debt funds and removal of indexation benefits, PPF becomes a good option 3) Mutual fund investment is also not a easy game. One needs to understand direct vs regular, index vs active, multiasset funds, hybrid funds, sectoral funds etc.. in addition many mutual funds make short term decisions that eliminates the risk reduction of long term. Some funds even invest in risky stocks, over valued IPOs.. how can one be sure of returns in such funds. MF returns of last decade may not be replicated in the next decade. Considering all of this 1.5L in PPF per year is not a bad decision.

[@Gayathri-Raghu]

PPF cannot be attached by court for any purpose.so that only young people can invest in PPF for longer periods.

[@kovalkarthikeyan]

Thanks

[@desandhiri]

Sir, 80C la other investments vachu pottu, NPS la 50k pottu 2L ku tax exemption vangalama

[@thinkingtamizha007]

Yes

[@vigneshnagaraj7137]

Topic should be comparing ppf vs Stock market

[@thinkingtamizha007]

Both are different asset types.. not right to compare

[@v.n.purusothaman2817]

Sir first year 100000 potutu balance 14 years Minimum 1000 rs mattum podalama

[@thinkingtamizha007]

Yes.

[@Astrogurukkal]

தாராளமாக போடலாம்.

[@thilagavathi.v5704]

Hi bro, PPF account can be opened in banks & post office. In this case, which one will be more safe. Becz sometimes we have seen issues with banks but there is no evidence of issues in post office. Pls answer me. Also, i would like to open PPF in june 2 or 3 with lumpsum investment. Is that good for interest??

[@thinkingtamizha007]

I dont know madam.. mine is with bank, and i dont have any problem so far..

[@thilagavathi.v5704]

Thanks for your kind reply. Can i open a ppf account on June 2nd 2024. Lumpsum investment. So I will get interest for 10 months right?

[@Gayathri-Raghu]

I am having ppf account in SBI .It is easy to invest and every month before 5th you invest will get interest for that month

[@thilagavathi.v5704]

@@Gayathri-Raghu thanks 😊

[@funtimetamil3441]

PPF interest need to increase