₹1000 PPF vs Mutual Funds Returns Calculation [Excel Download]
PPF vs Mutual Funds – Selecting between PPF and Mutual Fund depends on your financial goal. PPF – To Save Income Tax, Mutual Funds – To Grow your Wealth
PPF vs Mutual Funds – Selecting between PPF and Mutual Fund depends on your financial goal. PPF – To Save Income Tax, Mutual Funds – To Grow your Wealth
The best way to earn maximum interest in PPF is to deposit maximum amount of Rs. 1.5 Lacs in the month of April between 1st to 5th day. This means if you deposit Rs. 1.5 Lacs before or on 5th day of April (start of financial year), you’ll get maximum interest in PPF from April month onwards throughout the financial year.
PPF Interest Calculator in Excel helps us to calculate PPF Interest. You can accumulate total of Rs. 1 crore in 25 years and Rs. 1.49 crore in 30 years in PPF
PPF Calculator Excel helps us in calculating accurate interest including annual compounding. For example, Rs. 10,000 deposited in PPF account after 5th day of April earns you interest from the month of May