Elss v/s pf

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akshay (Querist)

19 February 2018 Dear Experts ,

My query is in relation to the tax saving investment. I have to make some investments in 80-C, to save taxes.

Now, the markets are quite high as described by many investors and as per information available on m any websites. I am not an expert of calculating valuation of market. So i am not sure what the websites or experts say that is truth or not, but still i am relying on what they say. ELSS has short lock in period.

Now PPF is a very safe asset and can give a normal return. But experts say that interest rates will go down in future.

Kindly guide what to choose. As i don't want to loose my hard earned money if the stock market goes down . Also i don't want to loose an opportunity if it goes up.

Will appreciate if someone can guide

Thanks
Akshay

Arpit

Arpit (Expert)

19 February 2018 akshay - if you are not sure then go for ppf. But you can also consider investing in SIP (Systematic Investment Plan). While you will not get 80C benefit in SIP but the return if invested in the correct fund can be good

akshay

akshay (Querist)

19 February 2018 Hi

That i know that PPF is the safest way. But, kindly let me know whether market is overvalued? Whether I should invest in ELSS or not. What as an advisor would you have guided your client

Arpit

Arpit (Expert)

19 February 2018 it is overvalued and within next 6 months you will see the correction. We shall advise only investing in SIP at this point of time

akshay

akshay (Querist)

19 February 2018 Ok. Thanks a lot for your guidance.

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