The NPS is celebrating 15 years. It opened its doors to the general public in 2009. Until then, retirement planning avenues were dominated by PPF and EPF.

With over 35 lakh subscribers in the last decade, NPS is challenging the dominance of EPF and PPF. It comfortably outstrips the duo on many parameters.

1. Equity exposure 2. Additional tax deduction of Rs 50,000 3. Potentially bigger retirement corpus 3. Automatic portfolio rebalancing

NPS’s equity exposure (it allows 25%, 50% & 75% allocation options) makes it superior to EPF and PPF that primarily invest in debt and offer fixed interest rates.

If you put Rs 10,000 each month since 2009, even the worst-performing NPS fund with lowest equity allocation would have made 12-16% higher corpus than EPF and PPF.

If you want a side-by-side comparison and learn about NPS’s drawback, head over to our story. The link is provided below.