ULIP vs PPF vs ELSS: Which is a better investment option for you?
Himanshu Gyan (Investing & Learning Simplified) Many peoples want to invest in the security market (Stock Market) but mostly persons got confused when it comes to the investment part Because might be the possible reason lack of knowledge or the trusted person/firms. Today's blog is all about the best investment option for you within three categories... To start with, ULIP, PPF along ELSS, which all three have tax benefits under EEE (Exempt, Exempt, Exempt) , are some of the retirement-related investment options as well. But you need to find out the right investment opportunity for you taking into consideration your current income and future goals. 1. ULIP (Unit Linked Insurance Plan) ULIP plans include investment plus insurance products where a part of one’s investment is used to insure them, while the remaining is invested in the products of his/her choice. The investment can be a mix of equity, debt, hybrid funds. An investor can also choose to switch from equity to deb...