PPF money tips: Invest Rs 1000 per month and turn it into Rs 26 lakh, check out this calculation
Zee News
One investment avenue that assures guaranteed return is the Public Provident Fund (PPF) Scheme.
New Delhi: Investing at an early age will ensure that you would be in a better position to reap a good return. Also, you must carry out your investment in a disciplined manner.
One investment avenue that assures guaranteed return is the Public Provident Fund (PPF) Scheme. PPF Scheme was introduced by the National Savings Organization in 1968 was aimed at making small savings a lucrative investment option. If you choose your tenure wisely, PPF in the long term will yield very good returns.
If you invest even Rs 1,000 a month in Public Provident Fund , it will give you lakhs of rupees in return in the long term. Here is an assumptive calculation on how you can get over Rs 26 lakh by investing a small amount of Rs 1000 per month in PPF.
