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| Tax treatment | Min investment | Compare | ||||
|---|---|---|---|---|---|---|
| Parag Parikh ELSS | High | 11–16% | 3 years (shortest lock-in of any 80C option) | Investment deductible up to ₹1.5L under 80C (old regime only); LTCG above ₹1.25L/yr taxed at 12.5% | ₹500/month SIP or ₹500 lump sum | |
| Mirae Asset ELSS | High | 11–16% | 3 years (shortest lock-in of any 80C option) | Investment deductible up to ₹1.5L under 80C (old regime only); LTCG above ₹1.25L/yr taxed at 12.5% | ₹500/month SIP or ₹500 lump sum | |
| Axis ELSS | High | 11–16% | 3 years (shortest lock-in of any 80C option) | Investment deductible up to ₹1.5L under 80C (old regime only); LTCG above ₹1.25L/yr taxed at 12.5% | ₹500/month SIP or ₹500 lump sum | |
| Quant ELSS | High | 11–16% | 3 years (shortest lock-in of any 80C option) | Investment deductible up to ₹1.5L under 80C (old regime only); LTCG above ₹1.25L/yr taxed at 12.5% | ₹500/month SIP or ₹500 lump sum | |
| DSP ELSS | High | 11–16% | 3 years (shortest lock-in of any 80C option) | Investment deductible up to ₹1.5L under 80C (old regime only); LTCG above ₹1.25L/yr taxed at 12.5% | ₹500/month SIP or ₹500 lump sum | |
| SBI PPF | Zero | 7.1% fixed | 15 years | EEE status: deposit deductible under 80C, interest tax-free, maturity tax-free | ₹500 minimum/year, up to ₹1.5L maximum/year | |
| Post Office PPF | Zero | 7.1% fixed | 15 years | EEE status: deposit deductible under 80C, interest tax-free, maturity tax-free | ₹500 minimum/year, up to ₹1.5L maximum/year | |
| HDFC Bank PPF | Zero | 7.1% fixed | 15 years | EEE status: deposit deductible under 80C, interest tax-free, maturity tax-free | ₹500 minimum/year, up to ₹1.5L maximum/year | |
| EPFO — through employer | Zero | 8.15% fixed | Till retirement/job change (partial withdrawals allowed for specific needs) | EEE status for most employees: contribution deductible under 80C, interest tax-free (up to ₹2.5L/yr contribution), withdrawal tax-free after 5 years of service | 12% of basic salary (mandatory), matched by employer; voluntary top-up (VPF) available | |
| NPS via HDFC, SBI, Kotak, ICICI Pru Pension Funds | Medium | 9–12% | Till age 60 | Extra ₹50,000 deduction under 80CCD(1B), over and above the ₹1.5L 80C limit; at maturity, 60% is tax-free lump sum, 40% must buy an annuity (taxed as income when received) | ₹500 minimum contribution (Tier I account), no fixed annual minimum after account opening in most cases | |
| National Savings Certificate · India Post | Very low | 7.7% fixed | 5 years | Deposit deductible under 80C; interest is taxable each year (though it's deemed reinvested and also 80C-eligible in years 1-4), final year's interest is taxable with no further 80C offset | ₹1,000 minimum, no maximum limit | |
| SBI, HDFC, ICICI, Axis Bank tax saver FDs | Very low | 7.5% fixed | 5 years, no premature withdrawal | Deposit deductible under 80C up to ₹1.5L; interest is fully taxable at your slab rate, with TDS applicable | ₹1,000-10,000 minimum, up to ₹1.5L (for full 80C benefit) | |
| SSY at Post Office or major banks · girl child only | Zero | 8.2% fixed | Till girl turns 21 (or marries after 18) | EEE status: deposit deductible under 80C, interest tax-free, maturity tax-free | ₹250 minimum/year, up to ₹1.5L maximum/year |