In this run-down world, we often hear people saying that they have been earning full life, but still have not been able to accumulate any hefty amount to meet their big financial goals or needs after retirement. This is a period in which people's expenses have increased a lot. The more expenses are incurred, the more expenses also increase. Many times people start a side business in addition to their main work to get additional income. In such a situation, if someone tells you that you can earn money even while sleeping, then you will surely be surprised, but it is true. A person can make a fund of Rs 54.47 lakh by saving a small amount of Rs 100 per day. 

Income tax exemption: Small savings schemes are the best option if you want to create funds to meet big financial goals or post-retirement needs. One of these is the Public Provident Fund ie PPF Scheme. It is a government-supported saving scheme. Investors can also save income tax of Rs 1.5 lakh every year by investing in this scheme. Investors can get this tax exemption under Section 80C of the Income Tax Act by selecting the old tax slab.

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You will get better-guaranteed returns: PPF scheme provides 7.1% guaranteed returns to its account holders. Through this better interest rate, by investing in this scheme, investors are increasing their wealth even while sleeping. The term of maturity in this scheme is 15 years. Investors can create a large fund by investing for more than 15 years. That is, it is a long-term investment. The sooner investors start investing in this scheme, the sooner they will be able to create a larger fund.

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The account can continue even after maturity: Experts recommend that as long as the person earns, he should continue to contribute to the PPF account. Investors can continue their account for any period even after 15 years of maturity. The investor has to submit Form-H within one year of maturity. Investors are also eligible to get interested in PPF interest deposited in PPF account after continuing PPF account even after 15 years of maturity. In this way, investors get a double benefit.

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Finally, there will be a big profit: If it is assumed that a person opens a PPF account at the age of 25 years and his retirement age is 60 years, then he can invest a total of 35 years in the PPF account. Let's assume that the person saves Rs 3,000 from his monthly salary and deposits it in PPF account. Now if you calculate the interest according to his PPF contribution of 35 years and 7.1 percent, then, in the end, his total fund will be Rs 54.47 lakh. In this way, you can create a fund of Rs 54.47 lakh in 35 years by investing only Rs 100 per day in a PPF account, ie Rs 100 per day.