#Sector clear not clear not clear portable#

In the range prescribed, the equity portion will reduce by 2.5% each year beginning from the year in which the investor turns 50 years of age. For government employees, this cap is 50%. Risk AssessmentД¬urrently, there is a cap in the range of 75% to 50% on equity exposure for the National Pension Scheme. In NPS, you are also allowed the option to change your fund manager if you are not happy with the performance of the fund. This scheme has been in effect for over a decade, and so far has delivered 8% to 10% annualised returns. However, it offers returns that are much higher than other traditional tax-saving investments like the PPF. Features & Benefits of NPS Returns/InterestДЄ portion of the NPS goes to equities (this may not offer guaranteed returns). In fact, Salaried people who want to make the most of the 80C deductions can also consider this scheme. A regular pension (income) in your retirement years will no doubt be a boon, especially for those individuals who retire from private-sector jobs.ДЄ systematic investment like this can make a massive difference to your life post-retirement. The NPS is a good scheme for anyone who wants to plan for their retirement early on and has a low-risk appetite.

#Sector clear not clear not clear portable#

The scheme is portable across jobs and locations, with tax benefits under Section 80C and Section 80CCD. NPS scheme holds immense value for anyone who works in the private sector and requires a regular pension after retirement. Now, however, the PFRDA has made it open to all Indian citizens on a voluntary basis. As an NPS account holder, you will receive the remaining amount as a monthly pension post your retirement.Д®arlier, the NPS scheme covered only the Central Government employees. After retirement, the subscribers can take out a certain percentage of the corpus.

The scheme encourages people to invest in a pension account at regular intervals during the course of their employment. This pension programme is open to employees from the public, private and even the unorganised sectors except those from the armed forces. The National Pension Scheme is a social security initiative by the Central Government.