When can I invest in this scheme?
You can invest in
SSY in the name of the girl child any time before she turns ten years old.
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Who can invest in NPS?
Any Indian citizen including Indian NRIs between the ages of 18 years and 60 years can invest in NPS. There is also a provision to open an NPS tier-1 account from the age of 60-65 years, subject to special rules and conditions.
How much can you invest in PPF?
You can invest minimum Rs. 500 to maximum Rs. 1,50,000 in PPF in one financial year.
How much can I invest in ELSS?
You can invest any amount in ELSS. But the overall tax exemption limit will be capped at ₹1,50,000 as per section 80C.
At what age should you invest in ELSS?
You can invest in ELSS at any age. However, it is advisable to start investing more at a younger age, and gradually shift to lower risk debt instruments to reduce risk in your portfolio with passage of time.