We have released an updated version of the best NPS fund managers for 2024. You can view it here : kzbin.info/www/bejne/bWGpmaB5rL16Z80
@nishadkulkarni142 жыл бұрын
This is such a good video. I did homework on same line before selecting HDFC fund manager for my aggressive scheme. Glad to see ET provides such rational approach to viewers. Keep it up!👍🏼
@ETMONEY2 жыл бұрын
Everytime, twice a week :) .. Glad the video was helpful!
@ramyasri60932 жыл бұрын
Same. Did my homework & select HDFC.. For total allocation.. can you please let me know why dint you select HDFC / what u selected HDFC for C,G category?
@KetanNainwal2 жыл бұрын
Since government is going to increase interest rates, do you think one should be using the aggressive strategy right now? (Asking as a 27 year old looking to open nps account)
@ramyasri60932 жыл бұрын
@@KetanNainwal for your age, it is better if you keep 75% in equity (E),10% in G, 15% in C ..i don't have much info. About alternative investments segment (A)
@SourabhPathakdoctor Жыл бұрын
Update - now you can choose different fund manager for different asset class eg You can choose HDFC for Equity and LIC for Government securities... Just did it !😊
@aruneetroychowdhury4333 Жыл бұрын
Hi Sourabh, could you please tell how you did it like this because in ICICI BANK website there is no such option available
@SourabhPathakdoctor Жыл бұрын
@@aruneetroychowdhury4333 I did it from NPS app ..
@sohandandekar8976 Жыл бұрын
What app
@sreeprasaadpadmakumar3199 Жыл бұрын
@@SourabhPathakdoctor from when did they start this option before when I did u didn't saw such option.
@rajmohan885814 күн бұрын
Couldn't do that on the protean app
@ankitgupta2oct2 жыл бұрын
Thank you. I am planning to invest in NPS. I was confused with fund manager. Now, I can decide easily.
@ETMONEY2 жыл бұрын
Most welcome. Happy to help
@KR-se1hq11 ай бұрын
Very informative video. A few queries, (1) Can we change the fund manager & if so how often. (2) In T2 whether tax is applicable on liquidation only, (3) In T1 what is the rate of annuity after age 60+ (4) Like PPF is it mandatory to deposit at least some min. amount in T2 every year
@yuvaraj-lt7mz2 жыл бұрын
I'm already having HDFC as my NPS manager . Thanks for confirming my analysis as good one
@satheeshkm7135 Жыл бұрын
Very useful information. I have been checking this information in order to switch my NPS account fund manager.. thank you
@nstlnstl8 ай бұрын
Hi Your videos are very informative. I am a govt employee and NPS subscriber too for the past 17 years. My current scheme preference type is AUTO. Can I change it on my own through the NPS app ? Or I have to submit an application to my office ? What are the other schemes and their features in detail can help the people like me to opt and get maximum benefit (pension) out of it. Kindly guide me in this regard.
@saswatimajumdar27212 жыл бұрын
Excellent video. I chose hdfc pension fund. Got lucky. Hopefully hdfc fund would deliver such return in future too
@ETMONEY2 жыл бұрын
Thank you
@sachin_26012 жыл бұрын
Awesome. Being a subscriber of NPS, this video certainly helps in choosing right pension fund managers. As always, a much useful video and thank you 👌👍🏻
@ETMONEY2 жыл бұрын
Excellent! Thanks for your kind words
@pravinbichitkar78752 жыл бұрын
Video content very helpful to make more awareness on NPS topic. Specially active, auto investment type as well as fund house selection made easier for audience. Thanks a lot Sir.
@ETMONEY2 жыл бұрын
Thank you
@bragadhams75302 жыл бұрын
@@ETMONEY my all
@Rjagan0072 жыл бұрын
Very informative and the speaker always explains in clear and crisp manner.
@ETMONEY2 жыл бұрын
Glad you liked it! Thank you very much
@abhishekporwal16732 жыл бұрын
Fabulous explaination about nps...et money really doing a great job 🙏
@ETMONEY2 жыл бұрын
Thank you very much
@DavidPalmerPresident2 жыл бұрын
Yes I completely agree, ET money has indeed set a benchmark on educating investors about NPS through KZbin type portals
@ETMONEY2 жыл бұрын
@@DavidPalmerPresident Thanks
@flamyboyant2 жыл бұрын
This is amazing !! One of the best videos I have seen on NPS
@ETMONEY2 жыл бұрын
Thank you. Very happy you found it useful
@dadakmch2 жыл бұрын
Sir can you give a clear idea, regarding mode of investment in NPS.. for eg If I want to invest 50000 INR per year, should I invest as lumpsum or will I break it and invest 4000 every month or half yrly or weekly and likewise. Also if it lumpsum then should I invest in the beginning of financial year like 1st of April or 1st wk of April just like we do in case of PPF or at the end like in Feb-March or in the middle of year? ( I am 35yrs old and from this year I have started to invest in NPS for the first time)... It will be great if you can made a video on this topic as well... Waiting for your kind reply eagerly... Thank you
@yogeshsonawane46732 жыл бұрын
how to start NPS investment? Through fund managers website or we need to go to there office to enquire? Is is possible to invest in NPS in monthly EMI mode like SIP or we need to invest lump sum amount yearly?
@parangamachaudhuri76382 жыл бұрын
I am 41 and choose Aggressive asset allocation. Is it right choice for my retirement plans?? Please suggest..
@ETMONEY2 жыл бұрын
Yes. You have a long runway ahead of you, aggressive should work. Plus NPS automatically tempers down allocation once you are in your 50s
@mohit20chauhan2 жыл бұрын
Sir your videos are data based and are very very good with clear voice I am fan of yours sir.By seeing your video I came to know that I can take tax benefit 10% basic +da if my employer contributes.This is over and above 50k under 80ccd and 1.5 lacs 80c limit.Great work sir 👏👏👏
@ETMONEY2 жыл бұрын
Thank you very much
@atikrambasu90982 жыл бұрын
Your videos are awesome. Just one query: 1. Why government employees are not allowed to invest in aggressive cycle in auto mode ? And in active mode only 100% government securities is allowed.
@ETMONEY2 жыл бұрын
Thank you
@d.senthilkumar91552 жыл бұрын
Excellent video. great Sensible way of Presenting things
@ETMONEY2 жыл бұрын
Glad you liked it! Thanks for the kind words
@ganeshseshan26182 жыл бұрын
Thanks again for an very insightful video on NPS.
@ETMONEY2 жыл бұрын
Most welcome
@errorerror9411 Жыл бұрын
Great video. Was really looking for this. Thanks
@joyshankarrakshit59302 жыл бұрын
Very informative video sir.... One query sir. 1. I have invested 1Lac to ELSS, 50K to PPF and 47K to NPS Tier 1 (by default) as I am a Central Government Employee. Can I claim 47K u/s 80CCD(1B) to get total benefit of 1.97Lac in this case?
@madhugubbala23622 жыл бұрын
Yes, u can
@sridharkumarsahu49142 жыл бұрын
Yes
@indiebagpacker54552 жыл бұрын
Fabulous and insightful video on NPS... Hats off!! 2 queries Sir: 1. Just out of curiosity wanted to know the effort (work hours) that ETMoney research team has invested in doing this analysis. It will give audience good understanding of the effort and appreciation. 2. Pls share taxation on Tier 2 NPS schemes... Will the taxation be like normal equity mutual funds or varies based on type of Asset class one choose. Thanks again Shankar Sir and ETMoney for this knowledgeable video. 🙏
@ETMONEY2 жыл бұрын
Thanks. 1. It takes about 35 man hours to make this type of video. 20 hours of research, scripting and fact checking. 1 hour in recording. 14 hours in editing, graphics etc. 2. We are not clear on taxation, prefer if you consult a tax advisor. An article we found on this www.livemint.com/money/personal-finance/how-your-nps-tier-ii-account-withdrawals-are-taxed/amp-11625976662730.html#referrer=www.google.com&csi=0
@debasischattopadhyay8892 жыл бұрын
Sir, mera nps active choice ke andar default scheme me hai ,wheather it is right or wrong?
@pr87942 жыл бұрын
Yet another superb video from ET money. Thank you very much Shankar. Very helpful and good to see changes coming to NPS.
@ETMONEY2 жыл бұрын
Most welcome. Glad you found the content helpful
@nabilzan Жыл бұрын
@Et money Which fund manager I can select for sharia based I mean halal way of investing?? Is there any such scheme here ? Could you explain please??
@prakashraghunathan26852 жыл бұрын
Thank you for the well important nps which might help many in planning their retirement.
@ETMONEY2 жыл бұрын
Thank you Prakash Raghunathan
@nabilzan Жыл бұрын
Which fund manager I can select for sharia based I mean halal way of investing?? Is there any such scheme here ? Could you explain please??
@itsharry2u2 жыл бұрын
Thank you for the comparison across E C G class.. It would be great if you could do the same for A category (alternate fund).
@ETMONEY2 жыл бұрын
You are welcome. Not enough data for class A
@saumojitbhattacharjee7292 Жыл бұрын
Can Fund Managers Be Changed ? If so , how many times for a year
@PrashantJadhav26872 жыл бұрын
I was looking out for the exact information provided since month. Thanks ET money for educating on NPS.
@ETMONEY2 жыл бұрын
Happy to help
@gitanshuchoudhary94592 жыл бұрын
In case of "premature exit from nps, whn does the annutiy pension starts" .. at time of premature exit or after 60 years ?
@mallikamujgule17402 жыл бұрын
Hey, this was a very informative video, I would like to know more about NPS NSDL VS NPS K FINTECH? I Couldnt find any relevant benefits in NPS NSDL category.
@RealLife-ew5bn2 жыл бұрын
I am 28 and started nps with aggressive life cycle,is it a right decision?
@roshanmagar708 Жыл бұрын
I have PPF account in which I annually deposit 1.5 lakh and planning to open NPS account for both 50k tax benefit but majorly for monthly pension post 60. I am planning to invest 10k per month in NPS annually in addition to 1.5 lak PPF or else should I invest only 50k annually in NPS. So annually if I invest 10k per month in NPS and 1.5 lak in PPF annually it will be investment of 2.7 lak. Please suggest should I stick to 50k only in NPS or else I should invest 10k per month so that I get better pension at 60.
@hajaaa1002 жыл бұрын
I already have ET money account .For opening NPS account do I use ET money app or NPS portal.
@ETMONEY2 жыл бұрын
You can use the ETMONEY app to open an NPS account.
@hajaaa1002 жыл бұрын
@@ETMONEY I am confused. What is the difference between opening NPS account in NPS portal and ET money. Do I get all same option in ET money portal like switching fund manager and Auto / Active manager switching.
@mohitkhurana1280 Жыл бұрын
Are funds transferred from tier 2 account to tier 1 account through one way switch eligible for tax benefits under 80CCD (1B)? I'm not a govt employee, only general citizen of India . Please reply.
@sampathkumar43932 жыл бұрын
Hi Shankar Nath pls do video on PPF in a detail manner the way you educate is makes easy understanding thank you
@ETMONEY2 жыл бұрын
We already have a popular video on PPF. kzbin.info/www/bejne/l3LFZXeBl8l1rMk .. Kindly explore that, it's a very well compiled list of what every PPF subscriber needs to know.
@janbasha78142 жыл бұрын
Thank you very much for the video, It cleared most of my questions on NPS
@ETMONEY2 жыл бұрын
You are most welcome. Glad it helped!
@learnwithsaharsh78212 жыл бұрын
Thanks to ETMoney team for wonderful information. Some of the information I heard first time.
@ETMONEY2 жыл бұрын
Glad it was helpful! Thank you for your kind words of appreciation
@adityakothari23502 жыл бұрын
Beautiful as always......thanx a million
@ETMONEY2 жыл бұрын
Thank you! Cheers!
@rishabhgambhir4231 Жыл бұрын
Brother! the way you explained everything is awesome. I have a query, if I start investing in NPS and suppose after 4-5 years I settle down in abroad. In such scenario, Can I withdraw the amount since I will not be working in India and also will it be mandatory to invest every year even if I do not work in India?
@resmeedas89152 жыл бұрын
My mother is 55 years+ and she’s a state government employee, can she open NPS now? We are considering it majorly for the tax benefit purpose.
@abir955712 жыл бұрын
Brilliant video… definitely gonna recommend this to others
@ETMONEY2 жыл бұрын
Awesome, thank you!
@adnandodmani73402 жыл бұрын
Thanks for the birds eye view .. appreciate the effort put in the analysis .. 👍🏻
@ETMONEY2 жыл бұрын
Glad you enjoyed it
@nehasoni13552 жыл бұрын
You have simplified NPS investment planning. Thankyou!
@ETMONEY2 жыл бұрын
Most welcome. Glad it was helpful!
@siddharthadash75402 жыл бұрын
Hats off for the clear explanation. Thank you so much.
@ETMONEY2 жыл бұрын
You are most welcome
@shardulsant47262 жыл бұрын
Thanks a lot for the great content. Although I had a doubt that if we invest 50k in NPS & use some other instrument for 80C, can we claim that 50k under 80CCD (1B) ?
@ETMONEY2 жыл бұрын
Thank you. The NPS website explains this. Here, have a read: npscra.nsdl.co.in/tax-benefits-under-nps.php
@rkaggarwal34232 жыл бұрын
Sir, Your videos are very informative. Pl prepare video on NPS for Sr citizen. Benefit,tax implication all aspects. Regds Sr citizen
@ETMONEY2 жыл бұрын
Thanks. Will certainly try!
@chakrapanigollamudi24532 жыл бұрын
I would like to know if i can change the fund manager. say for suppose i have opted Kotak as my fund manager for the past 5 years, now can i change the fund manager to HDFC? Please let me know the procedure.
@ETMONEY2 жыл бұрын
Hi. We've explained the answer to this in the video.
@Avi-Bhatta2 жыл бұрын
Great insights and immensely helpful. Congratulate Shankar & ET money team for posting such great contents.
@ETMONEY2 жыл бұрын
Thank you very much
@jaik93212 жыл бұрын
NPS is really a good investment option for salaried / middle income group people to built corpus. Suggestion : withdrawal process can be explained ; how easy it is or complex?
@ETMONEY2 жыл бұрын
Hi, withdrawal process has been already discussed in previous NPS videos which are listed in this video's description. Since this video was on NPS performance, we have not repeated that part again.
@annammaa.c7938 Жыл бұрын
Can we change funds managers for different sums invested, in different periods
@abhaybhandari7843 ай бұрын
For the age of 38 shall i go for lc75 or lc50 i am confused
@adityakothari23502 жыл бұрын
One important point is while the alpha returns may seem low but it is over and above the tax savings that one gets while investing in NPS. The benefits is huge if one opts for Corporate plans and also does an own contribution
@praveennadagoudar12442 жыл бұрын
I am state government employee with old pension scheme.Can I open NPS account?
@vibrantsumit Жыл бұрын
Very Good Video.
@ETMONEY Жыл бұрын
Thank you!
@amithrb5693 Жыл бұрын
is LIC a good fund manager for tier 1 and tier 2 ?
@deepakraja422 жыл бұрын
Sir I am govt officer and my nps money is deposited in passive nps i.e uti,SBI and lic.... What you suggest should I change my scheme and what companies should I include in how much percentage... Further I am an aggressive investor
@vipinKumar-qn5nz2 жыл бұрын
Very useful and insightful video, Sir ,I have a query How can I change my investment choice from auto choice to active choice in teir I account
@@ETMONEY no information regarding my query in this article
@ravisoni96452 жыл бұрын
Very useful information..thanks 🙏
@ETMONEY2 жыл бұрын
Thanks
@arv_sajeev Жыл бұрын
Such a well made video, so concise and filled with useful info. The presenters voice is also very engaging :)
@abc817482 жыл бұрын
Hello - I have been investing in NPS from past few years with Moderate Auto Choice, now if I want to make it active choice with (60-25-15) ratio..Equity-Corp-Govt bonds..so this new percentage will on total money invested till now or only on the current financial year (say investing 50K this year)..pls confirm?
@neeraj53302 жыл бұрын
My father is state govt employee not covered in nps . Can he now invest in nps. He is now 57 year old
@Somanadham2 жыл бұрын
It’s really very useful sir. Keep going to educate like this to enable us to select proper fund manager in NPS Scheme. Thank u
@ETMONEY2 жыл бұрын
Thank you for the kind words. Glad you found the content useful
@sivas3236 Жыл бұрын
Very useful video across KZbin
@hajaaa1002 жыл бұрын
If we use ET money app to invest in NPS. Do we get option to login in NPS portal.
@vivekanandtavildar97212 жыл бұрын
Please share regarding best SWP plans and benefits
@benetthomas462 жыл бұрын
Hello sir ,for long term period (10years) active mid cap mutual funds or passive mid cap funds are given better returns?
@ETMONEY2 жыл бұрын
Hi. Can't generalize. Some active midcaps will be doing better than the Nifty Midcap 150 TRI index while some active midcaps will be worse off.
@benetthomas462 жыл бұрын
@@ETMONEY mirae mid cap or Nippon nifty mid cap 150 index funds better for 10 years or 50/50 investing is better?
@hardikkanitkar28792 жыл бұрын
Excellent video. Crisp and clear explanation with all the necessary data. Thank u
@ETMONEY2 жыл бұрын
Most welcome
@jameelam5340 Жыл бұрын
From 2023 we can select different fund manager for different schemes for government we can select LIC fund manager and etc
@mellitanoronha53012 жыл бұрын
Is someone invests in an nps scheme but few years later migrates abroad and settles in the new country ,is it mandatory to close the nps account or can he continue making payments ?
@rm32152 жыл бұрын
As a govt employee( nationalised bank) can i invest in equity in NPS?
@vigneshn34462 жыл бұрын
Sir, how many times we can changes fund manager in a year ?
@ETMONEY2 жыл бұрын
Once in a financial year
@ghoshl.34952 жыл бұрын
Hello Sir, in this volatile market nps allotment how to divide for 1 year? suppose for E - 35%, C - 40%, G - 22%, A - 3% or for E should be more? Please answer 🙏🏻
@ETMONEY2 жыл бұрын
Hello Ghosh L. : Are you retiring in the next 1 year and going to pull out the NPS corpus? I ask this because a similar question was asked by a 38 year old yesterday and when I said, "Brother, you have another 22 years to go to pull out money from NPS. You have seen a lot of data on this KZbin channel. Now you tell me what you think you should do?". He didn't need to answer me back :)
@ghoshl.34952 жыл бұрын
@@ETMONEY Thanks for reply me. I just joined, I am 40y old. I wanted to invest more in equity but present situation about market I am not sure my allotment is correct or not for one year, please reply me.
@ravikanth27852 жыл бұрын
I started investing in NPS since 6 months today I checked how much I earned, but surprisingly I have loss of 11%, my fund manager is HDFC pension fund manager , is it expected?
@ETMONEY2 жыл бұрын
Very unlikely. Pls check out the 6M option in this link www.hdfcpension.com/nav/nav-history/ .. all four asset classes are up. You might want to connect with the HDFC pension team if there is something out-of-the-ordinary in your statement
@vipulkulkarni64822 жыл бұрын
Hi ETmoney, Thanks for such a informative video. I've one doubt and it would be great if you could answer it here or make a special video on it as like me many people have the same doubt. so my doubt it - "Many times all says that this investments are helpful to save taxes but how? like to save taxes we need to apply somewhere or anything like it?"
@ETMONEY2 жыл бұрын
Thank you very much and new year wishes to you too
@vipulkulkarni64822 жыл бұрын
Wishing you the same.. but this is not my queries answer
@chanishakathuria94535 ай бұрын
Can you help me know the withdrawal procedure from NPS in case I am no longer an Indian Citizen and have surrendered my citizenship??
@kalpurush68262 жыл бұрын
Can you please best PFM for NPS tier Two tax saver scheme also what percentage of returns can I expect from it? Also risk meter of it.. please sir.. replies me
@ETMONEY2 жыл бұрын
Hi. All the information you need on historical performance is available in the video.
@adithyaks85842 жыл бұрын
This is a really good video. Nice research with detailed explanation. Got an idea of the asset class and fund's performance.
@ETMONEY2 жыл бұрын
Our pleasure. Glad you liked it
@chandrasekharmurari66272 жыл бұрын
I have resigned from job for persuing abroad studies and came to know that only 20% i can withdraw..which annuity should i invest in with rest 80% and will i get monthly amount post investing that 80%
@mrunalraut892 жыл бұрын
Hello sir I am a central government employee. I do have NPS by default. But I can't map it to our etmoney app. Is there any way to import external NPS data in etmoney app. As there is such provision for analysing external mutual fund investments.
@anirudhalewoor68342 жыл бұрын
Very insightful, good job
@ETMONEY2 жыл бұрын
Thank you
@vlnsvl2 жыл бұрын
Pl give us your insights on understanding & analyzing REIT / INVIT investments available and to whom it suits
@ETMONEY2 жыл бұрын
Hi .. we have detailed videos on REIT and INVIT on our channel. Pls watch: REIT : kzbin.info/www/bejne/e6DbgYJ4l8hmg68 INVIT : kzbin.info/www/bejne/mpKmeKiMqtmWl6M
@deepanshubabbar93242 жыл бұрын
Is it safe to get nps done through paytm money?
@SwaroopNarasimhaK2 жыл бұрын
Thanks for the video at the right time. I was looking to open nps account last weekend and it's quite a cumbersome process. Thanks to et money app it looks like it simplified significantly. However I found no step by step guide in opening the account and enabling sip for nps in et money website or et money youtube channel or any other articles or videos from other financial gurus. Though the UI is intuitive I was looking for info like what are all the docs needed to open nps account. I don't have a cheque leaf. Is that okay? Is it possible to create a video for this?
@ETMONEY2 жыл бұрын
Thanks. Since you have specific queries, pls connect with our operations team at help@etmoneycare.com .. they'll be happy to help.
@SwaroopNarasimhaK2 жыл бұрын
Got it set now. Thank you 🙂
@prashantnegandhi10912 жыл бұрын
Thank you for very infromative video.. I have one question to ask.. For the Auto choice option, do we have Alernative Investment assest class as an option?
@barat9002 жыл бұрын
The option is not available. Only in Active choice you have Alternative investment (upto 5%)
@Maknahar Жыл бұрын
Please make a updated video on this
@madhurinitu34752 жыл бұрын
What is With Return Purchase Price and Without Return Purchase Price? How to know our nps account is related to with ROP or without ROP?
@ETMONEY2 жыл бұрын
These terms are not associated with NPS but with annuities. You can refer to life insurance company websites like ICICI Prudential, HDFC Life, SBI Life etc. for more details on these terms. So very simply - the purchase price or return of purchase price refers to the value of your investment corpus at the end of the accumulation phase (in this case being the NPS corpus or part of it) with which the annuity was purchased
@nitinkumar871if Жыл бұрын
Hello sir Can we also add a lump sum amount along with our monthly SIP amounts in NPS ?
@wiper123ful Жыл бұрын
Yes
@venkatthanus72 жыл бұрын
What is the expenses ratio of NPS scheme (who doesn't change any and keep continue old )
@kunalk402 жыл бұрын
Current limit for NPS tax saving scheme under Section 80CCD should be revised from 50K to 1L
@amit.deshmukh2 жыл бұрын
you can check with your company,there is something called corporate NPS. You can do additional 50k investment
@kunalk402 жыл бұрын
unfortunately my company doesn't support it yet
@mjspeaking2 жыл бұрын
If your company follows a CTC structure and if you opt for corporate NPS effectively your taxable salary is reduced. Which indirectly means that you are saving tax on your entire contribution which is over and about 50K Limit.
@pradyumnas70682 жыл бұрын
@@amit.deshmukh for deduction from salary in corporate nps, the limit is 10% of basic +DA right?
@amit.deshmukh2 жыл бұрын
@@pradyumnas7068 Yes 10% of basic,not sure about DA as it's not part my salary structure,but any way you need contact your companies Finance team to get it deducted at source.
@venkateshwaranmahalingam33482 жыл бұрын
Excellent content as always. Thanks for spreading knowledge.
@ETMONEY2 жыл бұрын
Much appreciated! Thanks for liking our content
@mohitkhurana1280 Жыл бұрын
How are withdrawals from tier 2 account taxed?
@rasikanaik19472 жыл бұрын
Awesome explanation
@ETMONEY2 жыл бұрын
Glad you liked it
@dushyant_luckmakesurlife2 жыл бұрын
Fantastic Explanation
@ETMONEY2 жыл бұрын
Glad you liked it
@akashjain92382 жыл бұрын
Sir please advise on the taxation of tier 2 redemption...if the subscriber is having more than 65% of corpus in equity then whether capital gain will be applicable so as for equity taxation???
@ETMONEY2 жыл бұрын
Hi. Apologies, we are a little confused on this ourselves. You might want to consult a tax advisor. Pls also read this www.livemint.com/money/personal-finance/how-your-nps-tier-ii-account-withdrawals-are-taxed-11625976662730.html
@anant55552 жыл бұрын
I am a Central government employee and by default fund chosen for my portfolio is UTI, LIC, SBI. Can central government employee change the fund manager and if yes so how often can they switch the fund manager?
@ETMONEY2 жыл бұрын
You might want to check out this webpage and then connect with the relevant person in your department. www.npscra.nsdl.co.in/central-government.php This line was of special interest: As per the Gazette Notification dated January 31, 2019 issued by the Ministry of Finance (Department of Financial Services), the Central Government Subscribers w.e.f. April 1, 2019 have the option of selecting the Pension Funds (PFs) and Investment Pattern in their Tier- I account. The Subscriber can choose any one of the available Pension Funds and Investment Option as per their choice. If the choice is NOT exercised by the Subscriber, NPS contributions would be invested in the existing default schemes of the 3 Pension Fund Managers (PFMs), viz, LIC Pension Fund Limited, SBI Pension Funds Pvt. Limited and UTI Retirement Solutions Limited in a predefined proportion, as mentioned in the Statement of Transaction (SoT), as per the guidelines issued by PFRDA.
@muraliashwin67692 жыл бұрын
is it possible to change the pension fund manager after opening nps because i had selected sbi but now i want to go to hdfc can it be done