Will PPF and Sukhanya Samriddhi Yojana Scheme rates drop in the near future?
- Advisoira
- Apr 1, 2021
- 1 min read
Probably yes. Here’s why-
Last night, PPF and Sukhanya Samriddhi Scheme rates were dropped upto 6.4% and 6.9% respectively. However, today morning, this decision was revised.
PPF and Sukhanya Samriddhi Yojana Scheme are both correlated with the 10 year G-secs.
In an ideal scenario, the difference between 10 year G-sec and PPF should be approx 0.25%.
And the difference between a 10year Gsec and SSYS should be approx 0.75%.
The approx difference broke off last year, when PPF and SSS were way higher as compared to 10Year Gsecs.
So next time you worry about rates falling, simply look at the 10year G-Secs and that will give you a great idea!
Cheers!
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