According to data from NPS Trust, NPS schemes like LIC Pension Fund, UTI Retirement Solution Fund, ICICI Pension Fund, Kotak Pension Fund, HDFC Pension Fund have given returns of more than 20 per cent in the last six months.
Delhi. There are many options available in the market to secure your future financially after retirement. By investing in these, the expenses of life after retirement can be met. Among these, National Pension System ie NPS (National Pension System) is considered to be the best option, which provides good returns along with tax saving.
According to the data of NPS Trust, LIC Pension Fund, UTI Retirement Solution Fund, ICICI Pension Fund, Kotak Pension Fund, HDFC Pension Fund (HDFC) NPS schemes like Pension Fund have given more than 20 per cent returns in the last six months.
As on 31st May 2021, LIC has given 23.03 percent return in Pension Fund Tier-1, while it has given 22.82 percent return in the last six months in Scheme E Tier-2. In the last six months, HDFC Pension Fund Scheme has given 21.35 per cent in Tier-1 and 21.23 per cent in Tier-2. The UTI Retirement Solution Fund scheme has given 21.97 per cent in Tier-I and 23.07 per cent in Tier-II.
In the last six months, SBI Pension Fund Scheme has given 19.78 percent in Tier-1 and 21.75 percent in Tier-2. At the same time, ICICI Pension Fund has given 21.44 percent in Scheme E Tier-1 and 21.34 percent in Tier-2.
how to open nps account
National Pension System is a government retirement savings scheme, which was launched by the central government in the year 2004. From the year 2009 onwards, this scheme was also opened to people working in the private sector. An investor has to open an account in NPS himself. Under this, a minimum investment of Rs 500 can be made in Tier-1 accounts and up to Rs 1,000 in Tier-2 accounts. There is no fixed limit for investment in NPS account.