Question: ppf has grossly underperformed elss?
Answer: We analyzed two competitors of the PPF, Equity Linked Savings Scheme (ELSS) and a pure index investment and the picture it has revealed is one of terrible underperformance by our 'only friend. ... 77.8 lakh, whilst an investment in an ELSS fund would've added up to a whopping Rs. 2.3 crore, almost 3 times higher!