PPF returns calculation: How much fund will be created in 15 years by investing Rs 3000, 6000 and 9000 in PPF, this is the complete calculation

PPF returns calculation Public Provident Fund i.e. PPF is very popular among investors. By investing in PPF, you can create a huge fund for future or retirement life. Under PPF, you get up to 7.10 percent return. Today we will know that if Rs 3000, 6000 and 9000 are invested in PPF every month, then how much fund will be created in 15 years.

New Delhi. PPF is an excellent option for safe investment. A good portfolio is considered to be one which includes both safe and unsecured investments. So that one can get the benefit of guaranteed returns of safe investment and strong profits from unsecured investment.

PPF i.e. Public Provident Fund is very popular among investors. By investing in it, you can create a huge fund for the future. Let’s understand its complete calculation.

How much fund will be created in 15 years?

Investors usually invest in PPF for 15 years. By depositing money in it, investors also get the benefit of section 80C. In this way, tax saving is also completed with investment. If you are also thinking of investing in PPF, then it is important to understand its calculation.

Investment of Rs 3000

If an investor invests Rs 3000 in PPF every month, then he will get a return of Rs 4,36,370 after 15 years. PPF is currently giving a return of 7.1 percent. With this, your total fund will be Rs 9,76,370. In this way, you will deposit about Rs 1 lakh.

Investment of Rs 6000

If Rs 6000 is invested every month in PPF. So at the rate of 7.1 percent return, you will get a return of up to Rs 8,72,740 in 15 years. At the same time, your total fund will be Rs 19,52,740. You can use this money to improve your retirement life. Or you can also invest in the higher education of the child.

Investment of Rs 9000

If a person invests Rs 9000 in Public Provident Fund every month. So after 15 years, at the rate of 7.1 percent return, you will get Rs 13,09,111 as a return. At the same time, your total fund will be Rs 29,29,111.

In this way, if the amount invested every month is increased, then the amount received in return will also increase. At the same time, there is no fear of your money sinking in it. Along with this, the return received at present is more than the FD interest rate of many banks.

You can invest in PPF through post office or bank. Along with this, you can also balance your portfolio by investing some amount in mutual funds. You get higher returns in mutual funds than PPF. However, this return depends on the fluctuations in the market.

The post PPF returns calculation: How much fund will be created in 15 years by investing Rs 3000, 6000 and 9000 in PPF, this is the complete calculation first appeared on informalnewz.

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