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When it comes to safe, long-term saving options for children, the Public Provident Fund (PPF) often tops the list for Indian parents. It's government-backed, tax-free and has a 15-year tenure, making it seem tailor-made for funding a child's future goals. But while opening a PPF in a minor's name sounds straightforward, the rules can trip you up if you're not careful.
This article was originally published on May 16, 2025.