NPS vs PPF vs EPF: The best retirement investment option

Although an infant, it was already a bit different from the rest. Unlike the others, it offered an additional Rs 50,000 tax deduction. Unlike the others, it ensured your retirement planning had an equity component, which is crucial, as you'll find out later. And unlike the others, it has the potential to help you build a more sizable retirement corpus. Again, more on that later. It was only in 2009 that a majority of Indian investors could set their eyes on the National Pension Scheme (NPS). Though open for subscription to government employees in 2004, the NPS opened its doors to the general public five years later. Until then, the Public Provident Fund (PPF) and Employees' Provident Fund (EPF) ruled the retirement-planning roost. Sure, there were other options, but they were the OGs in this arena.

This article was originally published on May 08, 2024.