About Sukanya Samriddhi Yojana & PPF

About Sukanya Samriddhi Yojana & PPF by Biswajit Roy © dated 13-11-21

Festival seasons are the best time to teach savings to our young Kids. 

In India,  it's better to take them now to the nearest PO or SBI branch and open either Sukanya Samriddhi Yojana for your young Daughter or a PPF account for your Son(Minor).

Presently the rate of interest is between 7.1% to 7.4%.

This is a safe instrument and you can avail Tax benifits too. 

But if you want inflation beating long term products do consider *MUTUAL FUNDS* based on your risk profile. 
*SIP* is a very good option for long term wealth creation or consider *SWP* for passive income generation. 

In due course, I shall definitely dwell into it, stay connected with me. 

The above are my personal views. 
Before taking any decision, pls consult your financial advisor.... 

Biswajit Roy
wa.me/919246271167

*www.FININTELL.blogspot.com*

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