Even though the market is going on a decline, those investing in NPS (National Pension System) have got tremendous returns. All equity funds included in Tier 1 of NPS have given annual returns of 18% to 20% in the last 5 years. LIC Pension Fund has given a 5-year-old return of 19.2%, HDFC 18.8%, and TATA 16.5%. Landless ₹ 1 lakh investment reached ₹ 2.4 lakh in 5 years, while a fund of about ₹ 10 lakh was prepared from a monthly SIP of ₹ 10,000. NPS is a market-linked pension scheme in which you invest regularly for retirement. At the time of retirement, 60% of the amount can be withdrawn tax free while 40% essentially go into annuity. NPS has low options (just 11 active funds) compared to Mutual Funds, but are performing brilliantly in terms of returns.
Market fell, but NPS gave bumper return – Know the top 5 funds | Paisa Live | Market Fell, But NPS Gave Bumper Returns – Know the top 5 funds
