Myth busted: You do not get 30% returns by investing 50,000 in NPS!

You would be surprised as to how many people believe that by investing an additional 50,000 in NPS, they "instantly" get a return equal to their tax slab! This is a case of mis-accounting or innumeracy. In this post, I discuss what exactly is the implication of "saving tax" via investing in 80C and with … Continue reading Myth busted: You do not get 30% returns by investing 50,000 in NPS! →

Do Not Shift Your EPF Corpus to NPS: It is a Trap!

In this post, I discuss why it is a terrible idea to shift your EPF corpus to the NPS (National Pension Scheme). In a circular dated 6th March 2017, the Pension Fund Regulatory and Development Authority (PDRDA) announced a road map for provident fund and superannuation plan subscribers to shift to the NPS. The shift … Continue reading Do Not Shift Your EPF Corpus to NPS: It is a Trap! →

National Pension System (NPS): Exit and Withdrawal Rules

There has been a lot of confusion regarding the exit and withdrawals rules of the National Pension System (NPS). I apologise if I have contributed to it. In this post, I shall attempt to get rid of my own confusion and clarify my understanding. Until today I have incorrectly believed that 40% of the NPS corpus … Continue reading National Pension System (NPS): Exit and Withdrawal Rules →

NPS Tier 1 Corporate Scheme (C) Performance – Oct 2016

NPS Tier 1 and Tier 2 plans have a corporate scheme (C) which has a mandate to invest in bonds issued by public sector undertakings (PSUs), public financial institutions (PFIs), infrastructure bonds, private corporate bonds and bank deposits. This is like a short-term diversified debt fund with about 50% of a banking and PSU fund … Continue reading NPS Tier 1 Corporate Scheme (C) Performance – Oct 2016 →

NPS Tier 1 Equity Scheme (E) Performance – Oct 2016

A look at how NPS Tier 1 Equity schemes (E) have performed. With the increase in popularity of NPS because of the clever introduction of additional tax saving benefits - which one should avoid, more and more people are searching for "best NPS pension fund manager". The reality is that there is nothing much to … Continue reading NPS Tier 1 Equity Scheme (E) Performance – Oct 2016 →