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 subject to change quarterly basis by the ministry of finance.While FD or Fixed Deposit is another traditional way of investment which is offered by Banks, NBFCs or post office. LIke PPF, FD also has a lock-in period till the maturity of the FD but FD gives an option to depositor to choose the tenure. The interest of FD is fixed and it depends on the tenure of the FD. The tenure of the FD can vary from 7 days to 10 years and the interest varies from 3% to 7%.Both FD and PPF are good options to invest in. If you have a lump sum amount to invest and do not want to invest for a long period like 15 years, then you can go with FD as per your desired tenure. But, if you want to invest regularly a small amount in a disciplined way for a long period, then you go for PPF.Both PPF and FD are good and best in their own features.You can also read our detailed comparison article on FD and PPF. Article link: <a href="https://zfunds.in/m/fd-ppf-comparison">https://zfunds.in/m/fd-ppf-comparison</a>Before investing, consult your financial advisor or expert about the suitability. You can also WhatsApp us on 7217746224 to invest &amp; ask all your investment-related queries from our experts for free.

Which is better PPF or FD? which should I opt

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