Stock Shastra: Investing in PPF
Stock Shastra, a MoneyWorks4me initiative has an article on investing in PPF
Public Provident Fund (PPF) is perceived as an investment option with the lowest possible risk. Most of us plan it as a part of our long-term investment strategy, owing to its certainty and safety – its backed by the Government after all; to add to this, the money is also exempted from tax!
But is it as good as it sounds? Though this investment is ‘Government-backed’ one needs to think about whether this investment is actually very safe and also whether it provides returns commensurate with the risk and rising inflation. In this article, we become the Devil’s advocate and question whether it is still a good investment option.
