I want to invest to save tax under Section 80C and for retirement. Should I invest in equity-linked savings scheme (ELSS), or traditional instruments like Public Provident Fund (PPF) and FD? Among tax-saving options, without doubt, ELSS is a superior returning option with a shorter lock-in compared with PPF. You don’t need too many tax-saving funds. You can continue adding investments to this small portfolio of funds every year going forward, and they will help save tax and create wealth.

Source: Mint September 27, 2018 03:33 UTC