ELSS versus Other Investment Options
PPF
15 years (Compounded annually) 8.80% ^
Rs 500
Rs 150,000
Rs 150,000
Tax-free
Highly safe
NSC
6 years (Compounded half-yearly) 8.60% to 8.90% ^
Rs 100
No limit*
Rs 150,000
Taxable
Highly safe
ELSS
3 years
Not assured dividends/returns
Rs 500
No limit*
Rs 150,000 Tax-free dividends and capital gain
Highly risky