If an individual looks toward fixed interest returning tax-saving investments without any volatility in the stock market then major investment choices that he/she can choose from are Public Provident Fund (PPF), Post Office Time Deposit Account (POTD), National Savings Certificates (NSC), Bank 5-year tax saver, and Senior Citizens Savings Scheme (SCSC).
How SIP has been the strong hero across historical market cycles
Market downturns create buying opportunities through SIPs as they lower your average cost and enhance returns during recovery. Long-term investments in small and midcaps can