Which is better PPF or FD? which should I opt

- Bharat Rav | 748 days ago

Answers(1)

  • J
    Jatin arora
    737 days ago

    PPF or Public Provident Fund was launched by the Ministry of Finance is a popular scheme to invest for a long period. PPF is mostly preferred by low-risk appetite investors as it does not have market risk. Also, as PPF is backed by the government, it is considered to be one of the safest options for investment. In PPF, an investor has to invest regularly every year for 15 years as it has a lock-in period of 15 years. As of 01st April 2021, PPF is offering an interest of 7.1% p.a. which is sub

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