Section outline

  • PPF, Sukanya, SIPs – Comparing Plans 📊📦

    You’ve heard about PPF, Sukanya Samriddhi, and SIPs — but how do you choose? Each option works best for a different purpose. In this section, we’ll compare the three to help you decide what fits your goals.

    • 🔹 Side-by-Side Comparison

       

      Scheme Who It's For Lock-in Period Returns (approx) Tax Benefit Best For
      PPF Any citizen (parent) 15 years 7.1% (tax-free) Yes (80C + tax-free returns) College savings, long-term plans
      Sukanya Samriddhi Girl child (under 10) Until 21 years of age 7.6%+ (tax-free) Yes (80C + tax-free returns) Girl child’s education or marriage
      SIP (Mutual Funds) Anyone (parent invests) Flexible (recommended: 5–10 yrs) 10–14% (market linked) Partial (ELSS funds) Wealth creation, inflation-beating growth

      📌 Note: Interest rates may change every quarter. SIPs don’t have guaranteed returns but can grow faster over the long term.

    • 🔹What Should You Choose?

      • 📘 Want complete safety? Use PPF or Sukanya
      • 📈 Want high returns over 10–15 years? Add SIPs
      • 👛 Can save only small amount? Start SIP with ₹500/month and increase later

      You don’t have to pick just one. A mix of 1 safe + 1 growth-oriented plan is often the best way forward.

      💡 Tip:

      Mark a date every year (your child’s birthday or school reopening) to review your plan and adjust as needed. 🎉