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  • The National Pension System is a Government-sponsored defined contribution retirement system regulated by PFRDA.
  • NPS is not a single scheme, it is a solution system for retirement planning. It gives choice to the investors to invest the money according to their risk appetite and choice of the Pension Fund Manager.
  • The primary asset classes under the scheme are Equity, Govt Securities, bonds, and alternative investment funds. The scheme also allows premature exit and partial withdrawals subject to conditions.

*Note: Your Contributions are eligible for tax deductions up to 1.5 lakhs u/s 80CCD(1), and an additional 50K deduction is available u/s 80CCD(1B).

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