The Public Provident Fund (PPF) is one of the most popular long-term savings options for low-risk investors. The PPF offers stable returns, tax-free interest and tax benefits on deposits under Section 80C of the Income Tax Act, 1961.
While the maximum investment allowed in a PPF account is Rs 1.5 lakh a financial year, many investors wonder how long it would take to build a corpus of Rs 1.54 crore through disciplined annual contributions.