Been following you for couple of years....all your contents are great... giving a third dimension view for all the investment products...that most of others won't let us know. 👍 Keep rocking... Thank you sir.
@ETMONEY2 жыл бұрын
Most welcome and thank you for your continued patronage
@abinashkumar9869 Жыл бұрын
Wider aspects of NPS defined in excellent way, Thanks a lot .
@arpitmohapatra993 ай бұрын
Very Informative video.. Thanks.. Have a doubt.. Once choosen the annuity/pension provider the amount of pension money is fixed or variable???
@sachin_26012 жыл бұрын
Definitely an informative video since I didn't knew this much information and a much needed one as well being an NPS subscriber. Thanks for the job well done Shankar and ET Money team 👌👍🏻
@ETMONEY2 жыл бұрын
Most welcome, Sachin KN. Happy to add to your financial knowledge
@prakashraghunathan26852 жыл бұрын
Very commendable sankar Sir very good information .Thankyou sankar sir.
@ETMONEY2 жыл бұрын
Always welcome. Thanks for the appreciation
@jaikrishnank4282 жыл бұрын
Another of your very informative videos, which should be saved, watched and rewatched. great job.
@ETMONEY2 жыл бұрын
Wow, thanks! Glad you enjoyed it.
@accountingincometax24392 жыл бұрын
Great explanation Can I invest in both NPS AND PPF ?
@sandipankhan19942 жыл бұрын
Yes
@simanchaltripathy33638 ай бұрын
The talk has no full stop comma, does attract to listen and make proper understanding.
@sudharsansathiamoorthy10752 жыл бұрын
Your videos provides excellent insights to the content you are presenting.. Kudos to the ET Money team..!!
@ETMONEY2 жыл бұрын
Thank you very much. Glad you liked our content
@snsasikumar5512 жыл бұрын
All your videos always super keep rocking et team all the best and God bless you and your team
@ETMONEY2 жыл бұрын
Thank you very much for your kind appreciation. A sincere uplifting comment gives creators like us a lot of motivation to continue making content. It makes the 4-5 days we put in to make a 15 min piece of content worth it. Thanks!
@abhishekpurwar99328 ай бұрын
Please make a video with examples of SLW system and the transaction charges one has to bear alongwith tax benefits.
@lordrdx6662 жыл бұрын
Very nice video & very informative! Thank you for the clear explanation!
@ETMONEY2 жыл бұрын
Always welcome. Thanks for the kind note!
@mr.dolphin274 Жыл бұрын
Very insightful indeed
@kalpanasubramani24462 жыл бұрын
Very informative... plz consider making a video on whether to park the 60% of lumpsum money somewhere like FD's,bonds or to choose 100% annuity. If possible give us a comparison on which option might get us higher pension... Thanks
@ETMONEY2 жыл бұрын
Thank you.
@kattanagarjuna5165 Жыл бұрын
Now a day nps current value is going below investment. Due to stock market fall is it still good to continue to invest in nps(my case i opted agressive auto choice mode )
@kkty15923 күн бұрын
Can we opt for fixed number pf years? Ex: I get a annuity of 10lakh and I want ot to be completely received within 10 years including interest
@pratikrane1497 күн бұрын
Same question
@pratikrane1497 күн бұрын
I think for this we would need to explore different annuity plans by different annuity providers. Would be nice if ETMoney makes a video on annuity plans too.
@kalirajganapathy7622 Жыл бұрын
Thanks for the clear explanation 🙂
@vps0712 жыл бұрын
thanks for a great video! do we have to chose annuity provider from one of the NPS fund managers or one can go out & select one from the wider market?
@ETMONEY2 жыл бұрын
From the FAQ listed on the NPSCRA website, it seems to be only from the ones empanelled by PFRDA. Here, have a look: npscra.nsdl.co.in/faq-annuity-service-providers.php
@vps0712 жыл бұрын
@@ETMONEY Thanks a lot! really appreciate info provided by you!
@rajivbhatnagar6341 Жыл бұрын
I have a quick question..if one has started NPS and after few years due to some circumstances, not able to contribute in NPS..will the accumulated find in NPS will be there till 60 years and then one can avail annuity too ??
@WorldgeopoliticsbyPrashant2 жыл бұрын
I feel SIP is better option than NPS. I mean NPS is Risky too. So is Sip. But returns are far more better. SWP should be done during retirement. I would put 50% of my savings in SIP, Rest 50% Insurance, PF, NPS and etc
@anrgkdm Жыл бұрын
Sir, Is it advisable to switch from EPF to NPS for a salary falling under heights tax slab, because most of the the 80C limit is exhausted in EPF saving no much space for ELSS to earn that extra returns..
@archanar33512 жыл бұрын
Hello Sir. learning a lot from you. I just retired and am looking to lock down an Annuity plan. Have a question. I read somewhere that all Insurance companies come under IRDAI or are regulated by them, so even if I pick a well known private player, it should be ok? Please can you add some light to that topic ? Thanks in advance
@brvasista12 жыл бұрын
Hi Sir, in the "Life Annuity with Return of Purchase" section you said, "on death of subscriber, nominee will get Purchase Price of Annuity". Can you please clarify what does "Purchase Price of Annuity" amount exactly. Which one of the below 2 options 1. Only Total Contributions made by the subscriber 2. (Total Contributions + Profits) made by the subscriber P.S: Awesome videos, I think I have watched almost all of your videos .. Now I am revising once again :)
@ETMONEY2 жыл бұрын
Thank you very much for your kind appreciation The purchase price of annuity refers to the single lumpsum payment you make at the beginning. E.g. say, you have accumulated 50 lakhs in your NPS by the time you retire at 60 years. While you need to put a minimum of 40%, lets say you put 100% of this amount towards annuity. While means 50 lakhs is your purchase price .. so a cheque of 50 lakhs will be cut towards a life insurance company who would take this lumpsum amount and start paying you monthly pension depending on the annuity plan you pick. Hope this clarifies
@brvasista12 жыл бұрын
@@ETMONEY 😊 Got it, thanks!
@katakam17761 Жыл бұрын
@@ETMONEYwhen do we need to pick service provider and annuity option? Is it at the time of retirement? Or is it at beginning?
@hemantdeokar0072 жыл бұрын
Next topics for nps series: 1. Interest credit calculation. 2. How to do profit booking by rebalancing the asset allocation 3. How & when to invest to get desired NAV 4. How to open NPS account online/paperless
@hemantdeokar0072 жыл бұрын
#etmoney #nps @ET money
@ganapathisubramaniangurumu99236 ай бұрын
My age is 60, my total value of NPS is 5,25,000/- the question is 1) How much amount I can withdraw as lump sum and how much pension (tentatively) i will get, pls reply to me.
@vvgame2 жыл бұрын
Shankar sir nice video as always .. let's say we choose to get 60% of our corpus back and purchase a annuity for 40% what would be the best way to ensure we get monthly income from 60% ? I'm asking this for senior citizens in general
@ETMONEY2 жыл бұрын
Thank you. Haven't done research on this but I know many senior citizens (my parents included) who invest in AAA rated bonds for this. They get monthly income from these bonds which is almost always higher than bank FD rates. Of course they are careful to diversify across instruments like bonds, FDs, gold, even equities to keep risk in check. Pls find out more on corporate bonds and see if that suits you.
@vvgame2 жыл бұрын
@@ETMONEY cool thanks sir .. one more request .. not urgent though .. can you do a update on ULIPs for this year .. based on how ULIPs are priced and their fund performance.. a shorts will do fine ☺️
@ETMONEY2 жыл бұрын
@@vvgame We have a video on ULIPs that I really like. Pls check this out: kzbin.info/www/bejne/sKTWc6CjodWkq5Y
@NETHUDEVA2 жыл бұрын
Which is best Mutual funds or INDIVIDUAL stocks? For beginners 15 years I’m having plans to invest monthly 20000 rs can invest?
@ETMONEY2 жыл бұрын
Pls check out ET Money for ranking and ratings
@puransinghnegi76682 жыл бұрын
Hi, When is the decision of Annuity options decided at the time of Subscription of NPS or Post retirement the decision is made for Annuity Options? Also, is there an options to change Annuity preferences as of the 4 highlighted??
@ETMONEY2 жыл бұрын
It is compulsory for the NPS Subscribers to purchase an annuity product from empanelled ASPs at the time of Superannuation and Pre-mature exit. npscra.nsdl.co.in/faq-annuity-service-providers.php
@ullasagw2 жыл бұрын
What if I keep investing in NPS from age of 35 to age to 55 and die. What will happen to entire investment amount? Is annuity plan chosen at the age of 60 or much before? What kind of interest rate can we expect after 30 years when retirement is about to begin? Rather than saving tax of 30% with 50000/- NPS investment if I pay the tax and invest remaining amount of 70% in let’s say blue chip mutual fund then which one will give a better return? Can we compare annuity with SWP?
@ETMONEY2 жыл бұрын
1. Die at 55 --- we answered this in another video, pls watch at kzbin.info/www/bejne/rWHMmWupmNN4sJY 2. Interest rate after 30 years --- please check with annuity provider 3. Which one better --- please use excel sheet to determine this with assumptions 4. SWP v Annuity -- Maybe you can compare life annuity but not ROP options
@anisettyrupa2 жыл бұрын
if we start at 38 and stop for 5yrs paying to NPS scheme still do we get pension, share flexible calculator to know how much we recieve
@ameysdesai2 жыл бұрын
If i have exhausted the Rs 1.5 lakh limit under Section 80C, then additional tax can be saved by investing only Rs 50,000 in NPS under 80ccd 1b
@praveennadagoudar12442 жыл бұрын
Old pension scheme state government employee. Can I open NPS account or not?
@venkatasuman64972 жыл бұрын
When to choose an Annuity plan I.e at time of opening NPS a/c or at retirement age?
@ETMONEY2 жыл бұрын
It is compulsory for the NPS Subscribers to purchase an annuity product from empanelled ASPs at the time of Superannuation and Pre-mature exit. npscra.nsdl.co.in/faq-annuity-service-providers.php
@monojbauri30012 жыл бұрын
Sir what is your view on Leadoff, a platform to buy unlisted shares like RELIANCE RETAIL, HDB FINANCIAL, CSK Make a video if possible .
@ETMONEY2 жыл бұрын
Sorry, hadn't heard of them before. Will see what can be done, thx
@monojbauri30012 жыл бұрын
@@ETMONEY thanks for reply 👏
@RAMALINGAMP692 жыл бұрын
very informative video 👏👏👏
@ETMONEY2 жыл бұрын
Glad you liked it
@kodurishankar12052 жыл бұрын
Hi Sir, what is the Tax on Monthly Pension from annuity
@ETMONEY2 жыл бұрын
From what we have read, it's taxable per one's income tax slab
@divyankbarnwal2 жыл бұрын
For how many years we should receive pension to make without ROP better than with ROP? I hope you got the question.
@ETMONEY2 жыл бұрын
Depends from insurer to insurer.. and also on type of annuity plan. Pls connect with a life insurance co of your choice
@divyankbarnwal2 жыл бұрын
@@ETMONEY exactly, can there be a way to calculate it? With current rate of interest. Because I trust maths more than I can trust insurer agents.
@ETMONEY2 жыл бұрын
@@divyankbarnwal Life insurance cos offer online quotes, you can access those. We did the same
@divyankbarnwal2 жыл бұрын
@@ETMONEY okay will check thanks
@sundarg3734 Жыл бұрын
When to add annuity sir?
@nkrishnamys2 жыл бұрын
Dear Sir, my neighbour is a widow since last 2 years and has got a bank balance of 8 lacs from her husband bank account. Sir, in coming 4-5 years she has to get her two daughters married. Sir, with said bank balance in her hand; what is the best lumpsum investment option for her to get bigger maturity amount with minimum tax liability ! Pls elaborate/ educate Sir.
@nikhilmohati19702 жыл бұрын
fixed deposit nothig else
@ETMONEY2 жыл бұрын
Hi. In our opinion, it is advisable for your neighbour to get a proper financial planning exercise done. She has important life goals in the future and it's better to not look at intermittent and sporadic advice for the same. Hope this makes sense
@shravankabra12342 жыл бұрын
Kindly make a video on VPF
@harishmuthuram7242 Жыл бұрын
Can we get annuity accumulated amount after pensioner demise to their heirs
@aswinck97 Жыл бұрын
After investing, how many days it will take get reflected in our NPS account? I have invested 2 days back, still no update abt the investment in the account Can someone help on this?
@karthikbalan28142 жыл бұрын
Hi sir , Good informative video...Can we Switch from one annuity Provider to another ?
@ETMONEY2 жыл бұрын
Thank you. No idea on switching rules, you'll have to check with your annuity provider
@nikunjagarwal99982 жыл бұрын
But NPS contribution has initial charges 3.5%(Including GST), means whatever the return NPS will give in future it has cost of approx 3.5% in present. Pls correct me if I am wrong.
@ETMONEY2 жыл бұрын
Don't believe it is so high, else why would 1,00,000+ crores of non-government individuals subscribe to NPS. We have covered this in a couple of blog posts, have a look: 1. www.etmoney.com/help/national-pension-system/about-nps/what-are-the-other-charges-paid-by-subscriber-for-maintaining-the-nps-account 2. www.etmoney.com/pension/nps-contribution#nps_charges
@anilantonyelenjickal2 жыл бұрын
Also pls take into account the payment gateway charges when making payment through credit cards. Its almost 1%.
@sujitpaldhe553210 ай бұрын
Which plan better select to open NPS after death of policy holder to get continue pension for nominee.
@SK-ph1jt2 жыл бұрын
Sir i am working in private bank since 2011.now i have completed more than 10 years... If i do premature exit. I can get 20% of accumulated amount.. Remaining 80% amount what will happen or for remaining 80% amount shall i get monthly pension from now.. Now my age is 34...
@barat9002 жыл бұрын
Hi Sir, You will get 20% as lump sum and rest 80% has to be used to buy a pension (annuity) plan. You will start receiving monthly pension immediately
@VlogsByMagadhwasi6 ай бұрын
Agr apne premature exit le liye h nps se to 80 % amount pr pension ki liye contact me
@mithunbobade12 жыл бұрын
For 30% tax slab individual, is NPS good investment over index mutual fund?
@pranavkamath2 жыл бұрын
NPS returns 10-11% over 30 year period while Index funds have returned upwards of 15%
@ETMONEY2 жыл бұрын
Factoring in tax saving, many investors should lean on NPS. For more info on performance data with index funds, watch out video on Best NPS Managers. Link in description
@mohammedabdulraheem75642 жыл бұрын
For every 50k in nps, we get 15k in tax deduction. Add this to 10% return of year.. its much higher than index funds.. Also if u want higher returns, plz choose aggressive category..
@pritampandit36892 жыл бұрын
Sir i work in High school and get govt aid salary from west bengal can I open NPS account Individual as self employed? I have subscription of GPF from 2018..
@ETMONEY2 жыл бұрын
Hi. Sorry, we are not sure of this.
@msaldanha46545 ай бұрын
Nps exit annuity is very low return... It should have been swp.
@MartinAmbre2 жыл бұрын
Is ROP taxable?
@ETMONEY2 жыл бұрын
Sorry, we're not sure. Most literature we've read says the pension part is taxable but didnt find much clarity on the ROPP part.
@sridharbadgal5642 жыл бұрын
How to increase annuity to 100%, weather annuity amount will pay any intrest
@ETMONEY2 жыл бұрын
At the time of buying annuity, it is your call whether to use up 40% or 100%.
@sunil25482 жыл бұрын
what if my age is 59 and i come to know that i have some terminal illness...and i will die in 2-3 years. Lets say my total NPS amount in 1 crore. In that case also i will have to give at least 40 lakh to some insurance company knowing that i will die in 2-3 years max ?
@ETMONEY2 жыл бұрын
Please check with the annuity provider or insurance agent for possible options
@Rajdeep-md3yk2 жыл бұрын
1st comment 😛
@bongventure4308 Жыл бұрын
Sir mind blowing explanation can I get your email ID sir