PPF Calculator – Public Provident Fund Returns
Calculate the maturity amount and returns on your Public Provident Fund (PPF) investment. PPF is a long-term tax-saving investment scheme in India with a lock-in period of 15 years.
Calculate Your PPF Returns
Frequently Asked Questions
What is PPF and how does it work?
PPF (Public Provident Fund) is a long-term savings scheme offered by the Government of India. It has a lock-in period of 15 years and offers tax benefits under Section 80C. You can invest a minimum of ₹500 and maximum of ₹1,50,000 per year. Interest is compounded annually and the current rate is around 7-7.5% per annum. PPF is considered one of the safest investment options in India.
Is PPF good for long-term investing?
Yes, PPF is excellent for long-term investing due to its tax benefits, guaranteed returns, and safety. It's ideal for conservative investors who want capital protection along with tax savings. However, the returns may not always beat inflation, so it's often recommended as part of a diversified portfolio rather than the sole investment vehicle. PPF works well for goals like retirement planning and children's education.
PPF vs ELSS – which is better for tax saving?
Both PPF and ELSS (Equity Linked Savings Scheme) offer tax benefits under Section 80C. PPF offers guaranteed returns (7-7.5%) with 15-year lock-in, while ELSS offers potentially higher returns (10-15% historically) with only 3-year lock-in but comes with market risk. PPF is better for risk-averse investors, while ELSS is better for those willing to take market risk for potentially higher returns. Many investors use both to diversify their tax-saving portfolio.