There are many investment options available to help you plan your retirement. Among these, NPS and mutual funds are considered ideal for meeting your post-retirement needs.
NPS (National Pension Scheme) is a defined contribution scheme that aims to provide pension benefits to all Indian citizens.
Mutual funds pool money from investors, which is then invested across various asset classes such as equity, debt, commodities, etc.
Let’s look at the key differences between NPS and mutual funds to find out.
While NPS is more cost-effective and tax-efficient, mutual funds are a better option, as they invest across various securities, increasing the likelihood of earning higher returns.