Updated Mar 15, 2021 | 07:15 IST Using a blend of appropriate retirement options might be a smart strategy in the present scenario. High earners should diversify their investment corpus across EPF, VPF, PPF, and NPS to maximise returns. Representational image New Delhi: Public Provident Fund (PPF), Employees' Provident Fund (EPF), Equity Linked Savings Scheme (ELSS) and National Pension System (NPS) are some of the most popular instruments used to save tax under Section 80C of Income Tax Act 1961 and to build a corpus for retirement. But out of all the above investment options, NPS provides you maximum tax-saving opportunity as you can make additional tax benefit under Sections 80CCD(1), 80CCD(2), and 80CCD(1B) of the Income Tax Act. Under NPS Section 80CCD(2) allows you to avail an exemption of 10% on your employer's NPS contribution (basic+DA). As an investor, you can seek out investment strategies that would not only allow you to save tax but also provide tax-free income. Here we will evaluate the above-mentioned popular retirement saving options on few parameters such as convenience of investment, liquidity, risk and returns.