Personal Finance Insight Mutual Fund Insight - Jun 2024

NPS offers more flexible withdrawal strategies

Picking different pension fund managers for separate asset classes is the other positive change

NPS offers more flexible withdrawal strategies

The NPS (National Pension Scheme) has increasingly become a go-to option for retirement planning. Its subscriber base has vaulted eightfold in just 10 years, while its asset base has grown at a healthy 59 per cent each year. But despite its increasing stardom, the government-backed pension scheme has remained open to innovation.

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