Getting started
What is ppf?
A government savings account with a 15 year lock-in and tax free interest.
Explained in more detail
PPF stands for Public Provident Fund. You can put in up to ₹1.5 lakh a year, the interest rate is declared by the government, and both the interest and the maturity amount are tax free. It is very safe and very illiquid.
An example
For instanceIt suits money you genuinely will not need for fifteen years.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time ppf appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.