NPS: Modi government (PM Modi) has many schemes for every category. National Pension System (NPS) was launched for government employees.
-But now anyone can invest in this scheme.
– Under this scheme, the applicant gets a pension scheme after 60 years. In A-
NPS, you can invest according to need.
– Central and state government employees can get good returns by investing under Tier-1 and Tier-2 equity plans.
new Delhi.
NPS: Modi government (PM Modi) has many schemes for every category. National Pension System (NPS) was launched for government employees. But, now anyone can invest in this scheme. Under this scheme, the applicant gets a pension scheme after 60 years. You can invest as per requirement in NPS. Central and state government employees can get good returns by investing under Tier-1 and Tier-2 equity plans. For this, investments can be made in Subscribers Equity, Government Securities, Corporate Debt and Alternative Investment Fund (AIFs). NPS subscribers can opt for investment after pension fund selection.
Talking about SBI Pension Fund, there has been a good return on investment of 9.93% in the last five years. This is more than any Fixed Deposit. Apart from this, two other plans have received 9% return in the last 5 years. Let us tell you that SBI Pension Fund invests 10.10% in equities.
Under this scheme, from April 1, 2019, the pension fund and investment pattern was allowed to be selected. In such a situation, if the subscriber chooses not to, then his NPS support will be invested in a fixed proportion in LIC Pension Fund Limited, SBI Pension Funds Private Limited and UTI Retirement Solutions Limited. Let us know that UTI Retirement Solutions has given 9.74% in 5 years, while LIC Pension Fund has given 9.57%.
Asset under management of SBI Pension Fund is Rs 80,000 crore. In the last 5 years, this fund has given a good 10% return on investment. As of 31 July 2020, the fund has invested 9.6 per cent in equities. UTI earned 9.73%, while LIC Pension Fund earned 9.52%. HDFC Pension Fund returns 6.92% in 5 years, Kotak Pension Fund 6.21% in 5 years and UTI Retirement Solutions 5.85% in 5 years are the most outstanding pension funds in Tier-1 Equity NPS Fund Manager. HDFC Pension Fund has given 7.16% return in 5 years and Kotak Pension Fund 6.16% in 5 years in the last five and three years in Tier-2 Equity NPS Fund.
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