Navigating the maze of personal finance
The National Pension System, also known as NPS, is a government-sponsored retirement savings scheme introduced in 2004. It is a Defined Contribution scheme, which means that the benefits you receive at retirement will depend on the contributions made and the investment returns earned during the accumulation phase. NPS offers two investment options: equity and debt. … Read more
Below is the detailed National Pension Scheme (NPS) Performance for January 2022. Data is from NPS Trust website and dated 07.Jan.2022. Hope you enjoyed this article. For more articles please visit my blog: https://rahulsblog.com
What is NPS? NPS stands for National Pension System. A voluntary contribution scheme(Central Government employees who joined after 1 January 2004 need to compulsorily invest in NPS since they will no longer get defined benefit pensions on retirement) regulated by the PFRDA, it aims to provide retirement income to all Indian citizens that invest in … Read more