National Pension Scheme: Should You Invest? | Big Decisions

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  • Опубліковано 14 лис 2024

КОМЕНТАРІ • 50

  • @nagesh009
    @nagesh009 26 днів тому

    I admire Gajendra ji, the way he emphasises on COMPOUNDING. He is definitely pounding the most out of compounding. He has also demonstrated amazing knowledge on various products, be it NPS or Mutual fund or any kind of investments. Thank you Gajendra ji for sharing so much of data openly with everyone. You are a bless and I reciprocate many more blessings to you.

    • @nagesh009
      @nagesh009 26 днів тому

      I see a point why people want to withdraw all 100%. However we must understand the main purpose of this product is to assure your survival during retirement. Not all will be blessed with good health and good people around them.
      At least 40% is locked to provide you bare minimum, especially if you have cheaters or needy people around you.
      I know a case where the family said that they must take very good care of their granny as the pension she was drawing was going towards the house EMI they were staying in. Consider she was given lumpsum amount instead of pension, not sure she would be cared enough.

  • @mohan7642
    @mohan7642 4 дні тому

    Very good useful session

  • @santoshzalavadiya7367
    @santoshzalavadiya7367 Місяць тому +2

    In active choice, I think you can keep 75% equity till the end. Correct me if I am wrong here!

  • @santoshzalavadiya7367
    @santoshzalavadiya7367 Місяць тому +3

    You can keep 75% equity after the age of 50 also!
    The rule of reducing equity by 2.5% every year has gone from 2022.

  • @shejwalkarhemant3110
    @shejwalkarhemant3110 Місяць тому +2

    This is a valuable discussion. I have invested voluntarily in 2019 and ramped up my contribution upwards of 30 lkh and currently it's showing above 55lkh at 16% Xirr. I am expecting only 10 to 12 % returns hereon for next 10 years.

    • @Peacetoeveryone95
      @Peacetoeveryone95 Місяць тому

      bro why are you wasting your money in nps

    • @annamalaian0711
      @annamalaian0711 Місяць тому +2

      @@Peacetoeveryone95probably u don’t understand nps

    • @Peacetoeveryone95
      @Peacetoeveryone95 Місяць тому

      @@annamalaian0711 probably you don't understand annuity

    • @shejwalkarhemant3110
      @shejwalkarhemant3110 Місяць тому +1

      ​@Peacetoeveryone95 Bhai I have invested only some part of my portfolio in NPS.
      My feeling is that most advisors don't recommend this scheme as the commission is very low. The returns generated in NPS are quite decent, the mandate given by government is safety of capital. And 60% maturity amount without tax cannot be ignored.

    • @Peacetoeveryone95
      @Peacetoeveryone95 Місяць тому

      @@shejwalkarhemant3110 bro you are loosing 40% of the total amount, have anyone know about annuity scheme, it's called "pension" but the reality is you get only the interest as pension and that too it's constant for the rest of the life without inflation accounted

  • @adagoudamakannawar4933
    @adagoudamakannawar4933 Місяць тому +1

    Very information session expecting such more session in near future

  • @sanjaysoni5246
    @sanjaysoni5246 Місяць тому +3

    Chose an experienced Expert in future. This is a layman

  • @anishtaneja5665
    @anishtaneja5665 Місяць тому +1

    It’s not 10 percent of CTC ; it’s 10 percent of basic . 50 lakhs can’t be basic component

  • @sahanashetty5584
    @sahanashetty5584 Місяць тому

    I am a home maker and i wanted pension so started searching then found nps in 2022 i started investing

  • @vaithiyanathansivaraman2463
    @vaithiyanathansivaraman2463 Місяць тому

    Under active choice the allocation for equity is 75% max and not 50% if you are even 55 or 60 years of age

  • @sanjaysoni5246
    @sanjaysoni5246 Місяць тому +1

    Ultimately, government will scrap Annuity compulsion and offer SWP from NPS nav itself

    • @sudheerk67
      @sudheerk67 Місяць тому

      Hope is a dangerous entity..

  • @tadeualvares1693
    @tadeualvares1693 Місяць тому +3

    Hv been trying to withdraw NPS after 60 big hassle n no help from anyone whatsoever am struggling to get hard earned money don't know what to do

    • @sudheerk67
      @sudheerk67 Місяць тому

      Don't understand what's the difficulty are you facing?

  • @kishorekundala1902
    @kishorekundala1902 22 дні тому

    We can keep the 60% in NPS and do a SWP from there, we get an advantage of low expense ratio as compared to an SWP from a normal MF

  • @VijayT-yu1bx
    @VijayT-yu1bx Місяць тому +1

    I have both T1 and T2 accounts but disappointed to know tax for T2 is income tax slab rate.

    • @RaviGupta-ge1jp
      @RaviGupta-ge1jp Місяць тому

      Think of the Tier 2 account like a Savings Account. The only difference is that rather than getting approx. 4 to 5% in a Savings Account you are now getting almost 12 to 14% in the Tier 2 Account. Similar to the Savings Account, any interest earned is added to regular income.

    • @samirfaras5145
      @samirfaras5145 16 днів тому

      Withdraw money post retirement so you don't hv income and no need to pay taxes or else transfer to tier 1 account withdraw 60%. Rest which you would hv paid as taxes get annuity😅

    • @VijayT-yu1bx
      @VijayT-yu1bx 16 днів тому

      @samirfaras5145 if we transfer to T1 ,still tax applicable?

  • @RaviGupta-ge1jp
    @RaviGupta-ge1jp Місяць тому

    Additionally investors can now invest 100% in Equity in the Tier 2 account. It appears you guys made this video in haste without even checking the current options and rules!

  • @sanjaysoni5246
    @sanjaysoni5246 Місяць тому

    Why can't we just do a SWP from NPS corpus itself? At least the 60% portion ?

  • @RaviGupta-ge1jp
    @RaviGupta-ge1jp Місяць тому

    The mandatory reduction of 2.5% in Equity past the age of 50 was removed years ago and changed to 60 years. Hence investors can now hold 75% in Equity under Active Choice until the age of 60. The information provided is inaccurate and needs to be updated.

  • @tadeualvares1693
    @tadeualvares1693 Місяць тому

    Simplify withdrawal process to attract commonmen

  • @akshaypatil2018
    @akshaypatil2018 Місяць тому

    What happens to taxation if we switch corpus from tier 2 to tier 1

    • @sanjaysoni5246
      @sanjaysoni5246 Місяць тому

      Fully taxable on the day of transfer. At your Marginal rates😢

    • @akshaypatil2018
      @akshaypatil2018 Місяць тому

      I feel its still grey area , as some say its non taxable if u tranfer from tier 2 to tier 1 before 60 yr

    • @sudheerk67
      @sudheerk67 Місяць тому

      No clarity on that.. I am still trying to find a genuine source that says it will be taxable or otherwise..

    • @akshaypatil2018
      @akshaypatil2018 Місяць тому

      U can go through et now video on taxation of nps . Aziz feroz says that taxation wont apply if u transfer corpus from tier 2 to tier 1 before 60 yrs

    • @sudheerk67
      @sudheerk67 Місяць тому

      @@akshaypatil2018 I agree. I heard this from a few experts. But I am trying to find proper document evidence. Tax men are notorious in our country.

  • @Peacetoeveryone95
    @Peacetoeveryone95 Місяць тому

    annuity scheme is a big scam

  • @Sayanmondalncbs
    @Sayanmondalncbs Місяць тому +2

    Very nice NPS advertisement. Avoid NPS. You will be scammed to buy annuity at a hilarious 5-6% rate of your 40% corpus. The whole game is to make your hard-earned money available to this 'annuity providing' fund houses at an extremely cheap rate.

    • @nikhil10ful
      @nikhil10ful Місяць тому +1

      What about the upfront 30% tax benefit you get when you invest in nps? And if you calculate 12 -15% returns on that 30% .. what that amount would be?

    • @sudheerk67
      @sudheerk67 Місяць тому

      ​​@@nikhil10ful Even considering that small amount you save on tax, cannot justify the crappy 2-3% yield you get on annuity. This is a scam for the fund houses to offer a handsome NIM for their parent Banks and Insurance companies.

    • @nagesh009
      @nagesh009 26 днів тому

      Namaste ji, even I was having same feeling for NPS. Then when I met my Financial planner, he said there is nothing like good or bad investment. We need to choose products which may work for us. I see a point why people want to withdraw all 100%. However we must understand the main purpose of this product is to assure your survival during retirement. Not all will be blessed with good health and good people around them.
      At least 40% is locked to provide you bare minimum, especially if you have cheaters or needy people around you.
      I know a case where the family said that they must take very good care of their granny as the pension she was drawing was going towards the house EMI they were staying in. Consider she was given lumpsum amount instead of pension, not sure she would be cared enough.
      And I totally agree - Annuity Fund houses rate are not even competitive enough to the market standards. However, I hope with the competition in market, we might expect something good in coming years.

  • @AkshayDixit
    @AkshayDixit Місяць тому

    No knowledge guest.

  • @anweshsingh9164
    @anweshsingh9164 Місяць тому

    It just gives fixed annuity rate.
    This is not inflation adjusted .
    So 20000 on first month of retirement and same 20000 after 15-20 years also

    • @Peacetoeveryone95
      @Peacetoeveryone95 Місяць тому

      also at 6% only

    • @sudheerk67
      @sudheerk67 Місяць тому

      ​@@Peacetoeveryone95Not even 6%. when I checked last time it was around 3% i remember. Such a horrendous scam, this annuity is