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What is NPS (National Pension Scheme)?

Updated on February 20, 2024 , 164880 views

NPS, also known as National Pension Scheme is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). National Pension Scheme is a voluntary contributory scheme formulated by the Central Government with an aim of providing retirement Income to the citizens of India. The NPS scheme targets to establish pension reforms and induce the habit of saving for retirement among people. Under National Pension Scheme or NPS, you can open a personal retirement account in which pension corpus can be saved during the working life. NPS Scheme is open to all but is mandatory for all government employees.

National-Pension-Scheme

National Pension Scheme Details

  • NPS scheme is specially formulated to meet the post-retirement needs of people. Pension plans ensure financial stability and security at old age when people usually do not have a regular income

  • National Pension Scheme is one of such plan that gives us an opportunity to invest money and let the contributions grow over years, leading to good NPS returns. On retirement, you can use these savings to manage the needs and expenses of your family

  • You can also use the accumulated pension wealth to purchase a life annuity product from any of the Life Insurance companies in India. Or you can also withdraw a part of your Earnings as a lump sum, depending on your age

There are two types of pension accounts offered. These include-

  • NPS Tier I - This is a pension account that has restrictions on withdrawal

  • NPS Tier II - This is a Savings Account that is withdrawable to meet financial contingencies. An active Tier I account is mandatory for opening an NPS Tier II account

How to Invest in NPS Scheme?

One can invest in a National Pension Scheme through Points of Presence (POP). The investment can be allocated in 3 kinds of portfolios:

  • Asset Class E - Investment in predominantly equity Market instruments
  • Asset Class C - Investment in Debt securities apart from Government Securities
  • Asset Class G - Investments in Government Securities

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National Pension Scheme Benefits

National Pension Scheme Tax Benefits

Investments upto INR 50,000 are liable for deductions under section 80 CCD (1B). Additional investments upto INR 1,50,000 are tax Deductible under Section 80C of the income tax Act. So, the investors looking for higher tax saving options can invest in an NPS.

Diversification of Funds in NPS Scheme

Another beneficial feature of the NPS scheme is that the investment can be diversified into three classes of assets including equity, fixed return instruments, and Government Bonds. Thus, investors have an opportunity to choose the allocation of assets based on their preference and risk appetite. Though, equity investments have a maximum limit of 50%.

NPS Schemem is Less Costly

The minimum amount required to invest in an NPS scheme is INR 6,000 annually. So, those having annual saving as less as INR 6,000 can easily invest in this scheme. Also, the fees charged by Fund Managers handling the funds is low, as it is a Government-backed scheme.

NPS Account is Managed by Professionals

The funds under the NPS are managed by experienced Fund Managers which ensures better investment management of funds that leads to good NPS returns.

NPS Tax Treatment on Withdrawals

Withdrawal Before Retirement

If a subscriber wants to withdraw from the scheme before the age of 60/or before retirement (other than the purpose specified for partial withdrawal), the amount withdrawn will not be taxable. However, the corpus that can be withdrawn is limited to only 20 percent of the accumulated wealth. And the balance 80 percent of the accumulated wealth has to be utilized for the purchase of annuity providing for the monthly pension to the subscriber. In such a case, the annuity income shall be taxable in the year of Receipt as per the income tax slab rate applicable to the user.

In Budget 2017-18, the government had allowed partial withdrawal of 25 percent of the contribution made by a subscriber exempted from income tax.

However, this exemption is currently not available to non-employee subscribers. But, as per the Budget 2018, the Finance Minister Arun Jaitley has proposed to extend the benefits of tax-free withdrawal from NPS to non-employee subscribers also. Non-employee subscribers can also do tax-free withdrawal up to 40 percent of their maturity corpus from their NPS Account. The new rule is be effective from April 1, 2019.

Withdrawal on Retirement or at the Age of 60

At the time of retirement, withdrawal up to 40 percent the accumulated wealth is exempt from tax. However, the maximum corpus that you can withdraw at the retirement is 60 percent (of the accumulated wealth) and the balance, i.e., 40 percent needs to be utilized for the purchase of annuity providing monthly pension to the subscriber.

Withdrawal Upon the Death of the Subscriber

The corpus withdrawn in the event of the death of the subscriber shall be exempt from tax. The entire accumulated wealth would be paid to the legal nominee of the user. However, in case of government employees, the entire amount cannot be withdrawn. Purchase of annuity plan is mandatory by the nominee.

100% Withdrawal at the Time of Retirement or When Attaining 60

In case, the total amount in the NPS account is less than INR 2 Lakhs as on the date of retirement or attaining the age of 60, the subscriber (other than Swavalamban users) can avail the option of complete withdrawal.

1. Tata Retirement Savings Fund-Moderate

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Tata Retirement Savings Fund-Moderate is a Solutions - Retirement Fund fund was launched on 1 Nov 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.7% since its launch.  Ranked 2 in Retirement Fund category.  Return for 2023 was 25.3% , 2022 was -1.9% and 2021 was 20.5% .

Below is the key information for Tata Retirement Savings Fund-Moderate

Tata Retirement Savings Fund-Moderate
Growth
Launch Date 1 Nov 11
NAV (22 Feb 24) ₹53.8243 ↑ 0.22   (0.41 %)
Net Assets (Cr) ₹1,904 on 31 Jan 24
Category Solutions - Retirement Fund
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.91
Sharpe Ratio 2.15
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 150
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹11,327
31 Jan 21₹12,529
31 Jan 22₹15,115
31 Jan 23₹14,778
31 Jan 24₹18,979

Tata Retirement Savings Fund-Moderate SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for Tata Retirement Savings Fund-Moderate

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Feb 24

DurationReturns
1 Month 0.7%
3 Month 6.1%
6 Month 11.3%
1 Year 28.7%
3 Year 13.3%
5 Year 13.8%
10 Year
15 Year
Since launch 14.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 25.3%
2022 -1.9%
2021 20.5%
2020 15.1%
2019 8.6%
2018 -3.6%
2017 38.8%
2016 6.7%
2015 7.7%
2014 55.1%
Fund Manager information for Tata Retirement Savings Fund-Moderate
NameSinceTenure
Murthy Nagarajan1 Apr 176.84 Yr.
Sonam Udasi1 Apr 167.84 Yr.

Data below for Tata Retirement Savings Fund-Moderate as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash6.29%
Equity81.03%
Debt12.68%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | HDFCBANK
7%₹130 Cr760,500
↑ 178,500
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
4%₹86 Cr333,000
↑ 33,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
4%₹73 Cr1,576,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
3%₹66 Cr660,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 20 | TCS
3%₹53 Cr140,564
↓ -3,436
Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Oct 22 | SOLARINDS
3%₹49 Cr73,560
Jupiter Wagons Ltd (Industrials)
Equity, Since 31 May 23 | JWL
3%₹49 Cr1,525,999
↑ 468,000
PB Fintech Ltd (Financial Services)
Equity, Since 31 May 23 | 543390
2%₹47 Cr592,500
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | RADICO
2%₹46 Cr274,500
APL Apollo Tubes Ltd (Basic Materials)
Equity, Since 30 Sep 22 | APLAPOLLO
2%₹39 Cr251,900

2. Tata Retirement Savings Fund - Progressive

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Tata Retirement Savings Fund - Progressive is a Solutions - Retirement Fund fund was launched on 1 Nov 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.8% since its launch.  Ranked 6 in Retirement Fund category.  Return for 2023 was 29% , 2022 was -3.9% and 2021 was 23.3% .

Below is the key information for Tata Retirement Savings Fund - Progressive

Tata Retirement Savings Fund - Progressive
Growth
Launch Date 1 Nov 11
NAV (22 Feb 24) ₹54.5494 ↑ 0.27   (0.50 %)
Net Assets (Cr) ₹1,717 on 31 Jan 24
Category Solutions - Retirement Fund
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.01
Sharpe Ratio 2.28
Information Ratio -1.1
Alpha Ratio 5.85
Min Investment 5,000
Min SIP Investment 150
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹11,716
31 Jan 21₹12,830
31 Jan 22₹15,718
31 Jan 23₹15,106
31 Jan 24₹20,152

Tata Retirement Savings Fund - Progressive SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Tata Retirement Savings Fund - Progressive

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Feb 24

DurationReturns
1 Month 0.7%
3 Month 7.1%
6 Month 13.8%
1 Year 33.6%
3 Year 14.3%
5 Year 15.1%
10 Year
15 Year
Since launch 14.8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 29%
2022 -3.9%
2021 23.3%
2020 14.4%
2019 11.5%
2018 -6.1%
2017 49.1%
2016 3.1%
2015 7.8%
2014 47.4%
Fund Manager information for Tata Retirement Savings Fund - Progressive
NameSinceTenure
Murthy Nagarajan1 Apr 176.84 Yr.
Sonam Udasi1 Apr 167.84 Yr.

Data below for Tata Retirement Savings Fund - Progressive as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash4.76%
Equity95.24%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | HDFCBANK
8%₹137 Cr801,000
↑ 200,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
5%₹82 Cr318,000
↑ 34,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
4%₹71 Cr1,545,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
4%₹66 Cr667,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 20 | TCS
3%₹53 Cr139,589
↓ -3,411
Jupiter Wagons Ltd (Industrials)
Equity, Since 31 May 23 | JWL
3%₹53 Cr1,650,538
↑ 576,000
Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Oct 22 | SOLARINDS
3%₹50 Cr74,015
PB Fintech Ltd (Financial Services)
Equity, Since 31 May 23 | 543390
3%₹48 Cr603,000
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | RADICO
2%₹42 Cr254,600
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | KARURVYSYA
2%₹42 Cr2,490,742

3. Tata Retirement Savings Fund - Conservative

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Tata Retirement Savings Fund - Conservative is a Solutions - Retirement Fund fund was launched on 1 Nov 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 8.8% since its launch.  Ranked 7 in Retirement Fund category.  Return for 2023 was 12.1% , 2022 was 0.1% and 2021 was 7.6% .

Below is the key information for Tata Retirement Savings Fund - Conservative

Tata Retirement Savings Fund - Conservative
Growth
Launch Date 1 Nov 11
NAV (22 Feb 24) ₹28.3026 ↑ 0.05   (0.17 %)
Net Assets (Cr) ₹167 on 31 Jan 24
Category Solutions - Retirement Fund
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.99
Sharpe Ratio 1.7
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,963
31 Jan 21₹12,015
31 Jan 22₹12,956
31 Jan 23₹12,986
31 Jan 24₹14,730

Tata Retirement Savings Fund - Conservative SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Tata Retirement Savings Fund - Conservative

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Feb 24

DurationReturns
1 Month 0.6%
3 Month 3.5%
6 Month 5.9%
1 Year 13.7%
3 Year 6.7%
5 Year 8.1%
10 Year
15 Year
Since launch 8.8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 12.1%
2022 0.1%
2021 7.6%
2020 11.8%
2019 7.6%
2018 0.8%
2017 15.1%
2016 10.6%
2015 6.4%
2014 20.6%
Fund Manager information for Tata Retirement Savings Fund - Conservative
NameSinceTenure
Murthy Nagarajan1 Apr 176.84 Yr.
Sonam Udasi1 Apr 167.84 Yr.

Data below for Tata Retirement Savings Fund - Conservative as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash7.58%
Equity29.91%
Debt62.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
9%₹15 Cr1,500,000
7.17% Govt Stock 2030
Sovereign Bonds | -
9%₹15 Cr1,500,000
7.27% Govt Stock 2026
Sovereign Bonds | -
6%₹10 Cr1,000,000
7.36% Govt Stock 2052
Sovereign Bonds | -
6%₹10 Cr1,000,000
Power Finance Corporation Ltd.
Debentures | -
6%₹10 Cr100
Bajaj Housing Finance Limited
Debentures | -
6%₹10 Cr100
Jamnagar Utilities & Power Private Limited
Debentures | -
6%₹10 Cr100
Varanasi Sangam Expressway Private Limited
Debentures | -
4%₹7 Cr80
8.24% Govt Stock 2027
Sovereign Bonds | -
3%₹5 Cr500,000
8.19% Govt Stock 2025
Sovereign Bonds | -
3%₹5 Cr500,000

4. HDFC Retirement Savings Fund - Equity Plan

The investment objective of the Investment Plans offered under the Scheme is to generate a corpus to provide for pension to an investor in the form of income to the extent of the redemption value of their holding after the age of 60 years by investing in a mix of securities comprising of equity, equity related instruments and/or Debt/Money Market Instruments.

HDFC Retirement Savings Fund - Equity Plan is a Solutions - Retirement Fund fund was launched on 25 Feb 16. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20.2% since its launch.  Return for 2023 was 32.6% , 2022 was 8.6% and 2021 was 42.5% .

Below is the key information for HDFC Retirement Savings Fund - Equity Plan

HDFC Retirement Savings Fund - Equity Plan
Growth
Launch Date 25 Feb 16
NAV (22 Feb 24) ₹43.582 ↑ 0.21   (0.49 %)
Net Assets (Cr) ₹4,574 on 31 Jan 24
Category Solutions - Retirement Fund
AMC HDFC Asset Management Company Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 2.09
Sharpe Ratio 2.67
Information Ratio 1.21
Alpha Ratio 7.96
Min Investment 5,000
Min SIP Investment 300
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,763
31 Jan 21₹12,526
31 Jan 22₹17,795
31 Jan 23₹19,204
31 Jan 24₹26,442

HDFC Retirement Savings Fund - Equity Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹530,691.
Net Profit of ₹230,691
Invest Now

Returns for HDFC Retirement Savings Fund - Equity Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Feb 24

DurationReturns
1 Month 2.6%
3 Month 13.2%
6 Month 16.9%
1 Year 38.9%
3 Year 25.5%
5 Year 22.3%
10 Year
15 Year
Since launch 20.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 32.6%
2022 8.6%
2021 42.5%
2020 18.3%
2019 5.2%
2018 -6%
2017 37.7%
2016
2015
2014
Fund Manager information for HDFC Retirement Savings Fund - Equity Plan
NameSinceTenure
Shobhit Mehrotra25 Feb 167.94 Yr.
Srinivasan Ramamurthy14 Dec 212.13 Yr.
Dhruv Muchhal22 Jun 230.61 Yr.

Data below for HDFC Retirement Savings Fund - Equity Plan as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash10.13%
Equity88.98%
Debt0.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | HDFCBANK
7%₹325 Cr1,900,000
↑ 100,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 16 | ICICIBANK
7%₹289 Cr2,900,000
↑ 100,000
Infosys Ltd (Technology)
Equity, Since 29 Feb 16 | INFY
3%₹147 Cr950,000
Reliance Industries Ltd (Energy)
Equity, Since 29 Feb 16 | RELIANCE
3%₹134 Cr520,000
State Bank of India (Financial Services)
Equity, Since 29 Feb 16 | SBIN
3%₹128 Cr2,000,000
Axis Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | AXISBANK
3%₹121 Cr1,100,000
↑ 50,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 16 | LT
3%₹121 Cr343,031
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 22 | BHARTIARTL
2%₹103 Cr1,000,000
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | BAJAJ-AUTO
2%₹102 Cr150,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 23 | KOTAKBANK
2%₹95 Cr500,000

5. HDFC Retirement Savings Fund - Hybrid - Debt Plan

The investment objective of the Investment Plans offered under the Scheme is to generate a corpus to provide for pension to an investor in the form of income to the extent of the redemption value of their holding after the age of 60 years by investing in a mix of securities comprising of equity, equity related instruments and/or Debt/Money Market Instruments.

HDFC Retirement Savings Fund - Hybrid - Debt Plan is a Solutions - Retirement Fund fund was launched on 25 Feb 16. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 8.7% since its launch.  Return for 2023 was 11.2% , 2022 was 3.7% and 2021 was 8.7% .

Below is the key information for HDFC Retirement Savings Fund - Hybrid - Debt Plan

HDFC Retirement Savings Fund - Hybrid - Debt Plan
Growth
Launch Date 25 Feb 16
NAV (22 Feb 24) ₹19.4653 ↑ 0.03   (0.14 %)
Net Assets (Cr) ₹153 on 31 Jan 24
Category Solutions - Retirement Fund
AMC HDFC Asset Management Company Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 2.2
Sharpe Ratio 1.79
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load 0-60 Years (1%),60 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,855
31 Jan 21₹11,853
31 Jan 22₹12,846
31 Jan 23₹13,349
31 Jan 24₹15,067

HDFC Retirement Savings Fund - Hybrid - Debt Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for HDFC Retirement Savings Fund - Hybrid - Debt Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Feb 24

DurationReturns
1 Month 1.7%
3 Month 4.8%
6 Month 6.5%
1 Year 13.7%
3 Year 8.5%
5 Year 8.8%
10 Year
15 Year
Since launch 8.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 11.2%
2022 3.7%
2021 8.7%
2020 10.4%
2019 7.6%
2018 0.7%
2017 12.4%
2016
2015
2014
Fund Manager information for HDFC Retirement Savings Fund - Hybrid - Debt Plan
NameSinceTenure
Shobhit Mehrotra26 Feb 167.94 Yr.
Srinivasan Ramamurthy14 Dec 212.13 Yr.
Dhruv Muchhal22 Jun 230.61 Yr.

Data below for HDFC Retirement Savings Fund - Hybrid - Debt Plan as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash8.68%
Equity42.48%
Debt48.84%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 15 Mar 22 | 500124
9%₹14 Cr24,250
6.67% Govt Stock 2050
Sovereign Bonds | -
9%₹14 Cr1,500,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 15 May 22 | TCS
8%₹13 Cr32,977
Mahindra Rural Housing Finance Limited
Debentures | -
7%₹10 Cr100
Tmf Holdings Limited
Debentures | -
6%₹10 Cr100
6.19% Govt Stock 2034
Sovereign Bonds | -
6%₹9 Cr1,000,000
7.57% Govt Stock 2033
Sovereign Bonds | -
5%₹8 Cr750,000
8.97% Govt Stock 2030
Sovereign Bonds | -
4%₹6 Cr550,000
Indian Railway Finance Corporation Limited
Debentures | -
3%₹5 Cr50
7.5% Govt Stock 2034
Sovereign Bonds | -
3%₹5 Cr500,000

NPS Calculator

After the benefits, let’s learn how to calculate NPS.

Here's an illustration -

Parameter Credentials
Age in years 20
Monthly contribution INR 1,000
Total years of investment 40 years
Expected Return on Investment 10%
Total pension wealth INR 63,76,781
Percentage of corpus reinvested in annuity 60%
Amount for purchase of annuity plan INR 38,23,069
Expected annuity rate 6%
Monthly pension INR 19, 131
Withdrawal on maturity INR 25, 50,172

Use retirement calculator given below for better understanding-

Know Your Monthly SIP Amount

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
Total investment required is ₹6,659/month for 20 Years
to achieve ₹10,000,000
Invest Now

So, do not compromise your living standards in your advancing years, invest in a National Pension Scheme (NPS).

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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