Instrument
|
Maximum investment amount
|
Lock-in
|
Potential return
|
Actual tax benefits
|
#PPF
|
Rs. 1,50,000
|
15 years.
|
8-9% per annum, compound interest
|
Triple exemption benefit
|
Sukanya Samrudhi Yojana
|
Rs. 1,50,000
|
Only for daughters, the lock in depends on the daughters age
|
8-9%, compound interest
|
Triple exemption benefit
|
NSC
|
Rs. 1,50,000
|
5 years
|
8-9% per annum, compound interest
|
Returns are taxed as per laws
|
#Tax saver Deposits
|
Rs. 1,50,000
|
5 years
|
7-9% per annum, compound interest
|
Returns are taxed as per laws
|
#ULIP
|
Rs. 1,50,000
|
10 years onwards.
|
As per equity market movement. After deducting various charges
|
Triple exemption benefit
|
#ELSS mutual funds
|
Rs. 1,50,000
|
3 years
|
As per equity market movement.
|
Triple exemption benefit
|
#RGESS
|
Rs. 50,000
|
3 years
|
As per equity market movement.
|
50% tax relief on returns
|
initial investment
|
3 YEARS
|
5 YEARS
|
7 YEARS
|
10 YEARS
|
|
PPF
|
1,00,000
|
130864
|
156568
|
187320
|
245135
|
NSC
|
1,00,000
|
127023
|
148984
|
174742
|
221964
|
ELSS
|
1,00,000
|
156394
|
210718
|
283911
|
444021
|
Scheme name
|
1 year
|
2years
|
3 years
|
5 years
|
ICICI Pru RIGHT Fund (G)
|
10.9
|
7.2
|
24.4
|
21.2
|
Axis Long Term Equity Fund (G)
|
8.8
|
9.2
|
26.5
|
21.0
|
Reliance Tax Saver (ELSS) (G)
|
13.9
|
6.2
|
29.9
|
20.4
|
DSP-BRTax Saver Fund (G)
|
20.1
|
12.7
|
25.5
|
19.7
|
Birla Sun Life Tax Plan (G)
|
12.6
|
12.3
|
24.5
|
18.1
|