Is NPS really good for investment!!!! What is NPS? It is National Pension Saving scheme introduced by govt …. The rules are so complex beyond the understanding of common man. After communicating many people I got to know they only invest in this because Govt is sponsoring this …. If at all NPS invests in Stocks since Govt sponsoring this , so it might be safe and guaranteed to invest in this J --- Many people thinks, who stay away from mutual funds because it is stock market dependent :D Let me tell you NPS will not provide annuity . The aim of NPS is to provide you corpus. you need to buy one from the insurer’s . The lists are as here NPS is not giving you any guaranteed returns like EPF or PPF. NPS is like a mutual fund and carries all the risk like a mutual fund carries. 80% will be annuitized if you retire before 60 (after Budget 2016, 40% is tax free withdrawal, 80% of remaining corpus has to be annuitized official confirmation awaited). This ...
Personal Finance and Stock Investing Made Simpler