For decades, our parents made a major mistake.
They stood in lines outside banks and post offices to invest in the Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and the National Savings Scheme (NSS).
PPF's 7.1% interest rate, KVP's 7.5%, and
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Anonymous 2
Hey I am on Medialย โขย 1m
PPF and KVP were never meant to generate massive wealth. They were designed as stable, risk-free savings instruments. If every Indian had put their money in stocks, weโd have seen many more Harshad Mehta-style crashes.
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For decades, our parents made a major mistake.
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