Should I extend my PPF account or invest in ELSS?

I am 51 years old. I do have a PPF account which gets completed this March 2023. As per my original plan, I have decided to extend for another five years. I'm not in need of the money in the near future. I contribute Rs 12,500 per month. My question is whether to consider the same or can I invest in ELSS (Section 80C)? My main concern is PPF returns are not taxable and not so in ELSS. I am in the 20 per cent tax bracket. Kindly advise. - Senthil Kumar

This article was originally published on February 17, 2023.