For a lot of folks looking to build a retirement corpus and grow their wealth over time, the Public Provident Fund (PPF) is a go-to investment option. PPF provides a fixed interest rate that gets reviewed every quarter, plus you can enjoy a tax-free corpus if your account has been active for at least five years.
The PPF account matures after 15 years, but investors can keep extending it in five-year increments as long as they continue to contribute. If they stop contributing, they can still extend it once for another five years after it matures.
