NPS: This pension fund manager gave the highest return of 26% in the last 1 year – India TV Hindi

national Pension System i.e. NPS is a retirement saving scheme. This scheme is mandatory for government employees and optional for private sector employees. In this scheme, you also get tax benefit of up to Rs 2 lakh under Section 80CCD(1) and 80CCD (1B) of the Income Tax Act 1961. Indian citizens or NRIs between the age of 18 years to 70 years can participate in this scheme. This scheme was launched on May 1, 2009. The objective of this scheme is to provide old age pension and investment security to the citizens of India. Through NPS, customers can do their retirement planning through secure and regulated market-based returns. This scheme is controlled by the Pension Fund Regulatory and Development Authority (PFRDA).

Which fund gave the highest returns

The NPS portfolio invests across various asset classes such as equities, government bonds, corporate bonds and alternative investment funds. Today we will tell you how much returns have equity assets given in the last 1 year. DSP Pension Fund Managers have given the highest return of 26.51 percent in the last one year. Whereas LIC Pension Fund has given the lowest returns. It has given 14.94 percent return. Apart from this, in the last one year, Aditya Birla PFM has given 16.31 percent, Axis PFM 17.78 percent, ICICI PFM 19.73 percent and UTI PFM 22.75 percent.

How to open NPS account online

To open an online NPS account, first you have to go to the CRA website. At present there are three CRAs, CAMS, KFin Technologies and Protean eGov Technologies. By visiting their website you can start the process of opening an NPS account.

• Step 1. Go to the website of any one of the three CRA.
• Step 2. Now you have to enter mobile number, PAN and email ID.
• Step 3. After this OTP will come on your mobile. Enter this.
• Step 4. After this you will get the PRAN number on mobile and email. Now your NPS account has been opened. Now you can start investing.

Open NPS account offline like this

To open NPS account offline, you have to search your nearest Point of Presence (PoP). These can be banks, post offices and government offices. You can get the list of POP by visiting the website of PFRDA. You will have to get KYC done by going to POP. After this, you can open an account by depositing Rs 500 in NPS Tier 1 account.

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