Your command over English, the break down of NPS and to put down all points in simple layman's term is commendable, plus, not to forget the hard work on research and presentation is impeccable, ❤
Thanks for that! The use of audio and visual allows me to access different senses in the viewer's body (ear, eyes, brain) .. glad to know it all comes together in these videos to help you learn and retain information
Really nice video, I searched for multiple videos for NPS. Here is what stood out for me in this video - The video is running at such a steady pace that we can get involved yet not feel that the video is running. Reminds me of my days in graduation, there is always that one teacher who explains in a calm manner, thank you!
Hi, for my understanding on perspectives: @dpacsaml - how much should one charge for a video like this? @Mysangeeet - how much do you think Adsense pays the creator for a video like this (assuming every viewer saw 2 ads)?
@@shankarnath I’m not able to comment on how much to charge Sir, but pls do check out Anand Srinivasan. He gives investment advice on the stock market (in tamil) and has written books, does tours where people can come meet him and ask qns, gives out interviews etc. He also used to meet people 1-1 for a fee (but I think he’s stopped doing this now as he’s become too popular). Ultimately people will pay for quality content.
Minimum contribution in TIER 1 NPS account per year is INR 1000 Sir.. Your presentation was excellent and timely since i had joined ICICI PRU PFM as their Pension Advisor only recently and needed clear information to take the concept forward and to my Clients. I am a Mutual Funds Distributor Sir.. Thank You.🌷🌹
Dear Sir, thank you for creating such insightful content. One correction - as of this year, we're allowed to select different managers for different schemes. I myself have selected LIC for "G", while HDFC for all others.
Most welcome, glad you liked it. Yes, I got to know this now .. and I'll update all viewers later tonight on this (and other changes I missed out on) via a pinned comment. Thanks for letting me know.
Hi - both questions were addressed in the video. Kindly have a watch pls. To recap: 1. NPS does not offer an interest rate but returns are market linked 2. NPS is for Indian citizens aged 18 years and above
Thank you very much for your kind appreciation. Most videos take about 5 days of effort (2 days in research and scripting, 0.5 days in recording, 2 days in editing & 0.5 days in other activities like uploading, answering comments etc.)
Hi Shankar, great and informative videos as always. Just a point on the scheme managers. I believe now it is allowed to choose 3 different managers for Asset Class E, C and G. However, Asset Class A has to be a manager from one of the 3 chosen for other asset classes.
Thank you. Yes, I was made aware of this now and a couple of viewers even shared screenshots. I had the feeling this was possible but couldn't find any literature to this effect - but now, its clarified.
Pension part should be tax free and managed by PFRDA or Central Government …… because no one can predict what will happen if private annuity manager company defaults or could not manage regular Pension Payouts.
Content is super informative and worthy watching each second that there is no need from your side to request not to skip video !! Many Congrats on creating such a Video with sincere effort !! Way to go
12:30 Hi Shankar, this statement is incorrect. Now you can choose different fund managers within the same tier. For eg you can now choose Hdfc for Equity along with LIC for Corporate, UTI for Govt in the same Tier -1 scheme. I have done it myself. Pl correct the same.
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
Thanks for nice explanation , kindly note that minimum contribution is Rs 1000.00 in Tier 1 to avoid the freezing of the account , earlier this was Rs. 6000.00 .
Dear Sir, I am your regularly watching your video . thanks a lot for such a wonderful video, in which you covered all information regarding NPS.I have watched so many videos on NPS, but till date this is the best and carrying all relevant and important information in it. thanks again sir. Sir one question , a central government employee can continue NPS after retirement with or without contribution. please clear this query.
Thank you very much, glad you found it useful. There is a useful table which might help you resolve your quandary. May I request you to have a look at it. Link: npscra.nsdl.co.in/nps-exit/
Govt must make NPS more attractive. In its present form, its just not good enough. I have seen college Professors, school principals & state govt employees getting pension equal to minimum wage post retirement. People would keep demanding return to old pension system if this continues.
I am amazed that people who joined service post NPS retired already. There is an option where you can opt for a sum when you retire and the rest is given in monthly installments. It is very possible that they took a bulk out when they retired or their contribution when they were in service was minimum. Assuming the NPS is inherently bad is wrong. There are factors that are out of the control of the government. Old pension system is good for the employees but very bad for the government. With NPS they tried to cut their expenditure on pensions but many governments rolling back to OPS is wrong too.
Hi Shankar very informative, how beneficial is it to open account by individual (self) or by an agent , how much the charges affect to individual investor.
Thank you! Different agents have a different charge structure. For example - ETMoney (NPS agent) used to charge 0.25% per txn, not sure what's the case presently.
Excellent video on NPS. 02 qurried 1.The investment is monthly or yearly. I want to invest ₹50,000/- annually(once in a year) to get Tax exemption of ₹15000/-is it allowed? As FY is at end. 2 .Is such Tax exemption allowed in Tier-II?
Hi Shankar Sir, great video. Thanks for it. However I would like to mention that we can now choose different pension fund managers for different asset class within same Tier. I am saying because in my Tier 1 account, I have HDFC as fund manager for my 75% class E holdings and LIC as fund manager for my 25% class G holdings. I hold 0% in Class C and Class A.
Thank you Saurabh. Yes, I got to know now and a couple of viewers have sent me an email from where they received that communication and even a screenshot of their NPS portal where this is enabled. I also remember reading of this happening but couldn't find any article to this effect. Thx again for letting me know, I'll update it via a community post or pinned comment for the benefit of all.
Thank you for sharing comprehensive video on NPS. I want to ask, what happens if a subscriber leaves the country permanently before the age of 60 and gives up Indian citizenship?
Good research but it is not correct that in active choice all asset classes has to be managed by since PFM. You can choose a different PFM for each asset class. I have done it myself and hence confident
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
@shankarnath The NPS scheme is now open to Non Resident Indians (NRIs) & Overseas Citizens of India (OCIs), but currently it is limited to Tier 1 account only.
Thanx a ton as always for sharing yet another insightful video. However, I think one can fully exit NPS when the corpus accumulated is less than 5 lacs. The limits were increased as far as i know. Kindly chk at your end as well 🙏 😊
Most welcome. Can you pls forward any literature on this? I used this table (npscra.nsdl.co.in/nps-exit/) which gave me the scenarios specific to 2.5 lakhs and also 5 lakhs.
The maximum asset allocation for equity in active choice has been updated to 100% for Tier II and now subscribers can select upto 3 different PFM across different asset class
@shankar Ji - the site now allows choosing different fund manager for each asset class - hope you can update the same in your otherwize excellent video
I have few questions 1. If a person dies before 60, let's say at the age of 48, will the pension start to the nominee from that point?? or Nomeniee need to continue NPS till maturity of him\her 60 ? 2. If the Husband and wife both die at the age of 60+, lets at 65, will it help in any way to their children? 3. If both Husband and wife die before 60, and there are children below 18, will there be any pension for children ? 4. If corpus at maturity is 1Cr and he/she takes100% pension, and the personer lives 100 years will he\she get the same monthly pension for 40 years or will there be any variation over time? 5. If Husband and wife both have NPS, and after 60 one of them dies, will the second person will have 2 pensions, one of his own and for the nominee ?
Great video..I have a query - I have choosen Tata from the tier list .little afraid becoz i didn't see any return% from the tata fund manager in this video.how do you see it ? Any suggestion pls share
My wife (71 yrs old)has complete three years in NPS, The value of holdings on 9th oct is 7,14,052.33 can she exit from NPS now and get pension on full 100% amount (without any lumpsum withdrawal), and with full purchase price payable to nominee? What will be approximate pension per moth in such case? Regards.
Quality content as usual ..But Shankarji does it really make sense opening a new nps account for people above 46years? Also can lumpsome money be invested or it's just monthly investments? would request your inputs here.Thanks.
Thank you! 1. NPS extends until the age of 75 .. so even at 46, that's a three decade runway. One should keep that into consideration aswell along with one's financial plans. 2. Yes, contribution can be made in lumpsum mode aswell
Almost all queries are answered except one If say i want to invest 50 k for tax benefits do i need to split it into tier 1 and 2,and what are the individual accounts' tax benefits
Great comprehensive video..👍 A question - Many organisations mandates retirement age at 58 years whereas NPS retirement age is 60 years. This should be changed and Govt should look into it.
@Shankar 1st of all it was a great video. Some of my friend is saying not to invest in nps. But to invest in ELSS mutual fund. Because of annuity purchase and less return of NPS. I wanted to know are you a investor in NPS?
how do the breakdown or decide the monthly payment of the 40percent annuity; like you mentioned if its 1 core then we will receive 50,000 monthly as annuity, how did you arrive at this number; also this 50k is after tax deduction ?
Nice one Shankar ❤... I too used to think NPS stands for national pension scheme...I actually started my tier 1 account after seeing your video in ETmoney..so far returns are good..but then I need to see how it performs during downturns...have opted for active choice..E60:C20 G15 A5...you could have covered a little more on how to port from one to another pension fund.and also the charges that are involved ..and also on which/how to decide on annuity selection..looking forward to your video on whether to opt for more pension and less EPF...
Your command over English, the break down of NPS and to put down all points in simple layman's term is commendable, plus, not to forget the hard work on research and presentation is impeccable, ❤
Thanks for that! The use of audio and visual allows me to access different senses in the viewer's body (ear, eyes, brain) .. glad to know it all comes together in these videos to help you learn and retain information
There is no INSIGHTFUL AND better video on NPS THAN THIS... AMAZING Shankar continues to be the best and better than the rest. ALWAYS
Thank you Rohan ji. Glad you found this video useful and informative.
Completely agree with you. No other source is so simple, comprehensive and easy end-to-end process insights
I agree with compliments 👍
I was looking at videos about nps just this morning, today is my lucky day
Damn, if the markets were open today .. you could have made a killing :) .. ah well, enjoy the video!
That's called AI
This video has given me better information than my own company finance team. Thanks a lot!!
Glad to hear that. Most welcome 🙌
Really nice video, I searched for multiple videos for NPS. Here is what stood out for me in this video -
The video is running at such a steady pace that we can get involved yet not feel that the video is running. Reminds me of my days in graduation, there is always that one teacher who explains in a calm manner, thank you!
Glad you liked the content and video, Yuvraj ji. Much appreciated 🙌
This is the best of the best presentation on NPS. Your value addition is wonderful.🎉🎉❤❤😀😀
Thank you very much!
The amount of research that must have gone into making this video! So informative. This should be behind a paywall. Can’t believe this is free.
:| not heard about adsense?
Hi, for my understanding on perspectives:
@dpacsaml - how much should one charge for a video like this?
@Mysangeeet - how much do you think Adsense pays the creator for a video like this (assuming every viewer saw 2 ads)?
@@shankarnath I’m not able to comment on how much to charge Sir, but pls do check out Anand Srinivasan. He gives investment advice on the stock market (in tamil) and has written books, does tours where people can come meet him and ask qns, gives out interviews etc. He also used to meet people 1-1 for a fee (but I think he’s stopped doing this now as he’s become too popular).
Ultimately people will pay for quality content.
Absolutely detailed view of NPS...Appreciate the research and thoughts put forward
Most welcome
Searching details about NPS, Your video gives more clarity on NPS, Thank you.
Most welcome. Glad it was helpful! 🙌
Best explanation ever First time I understood clearly. Thanks
Most welcome. Great to hear! I'm happy you found it useful
Excellent Video, Mr. Shankar. Simple, straight forward and comprehensive. Thanks.
Thank you very much 🙌
One of the most lucid presenters out there - Thank you. 🙏
Appreciate that 🙌
Minimum contribution in TIER 1 NPS account per year is INR 1000 Sir..
Your presentation was excellent and timely since i had joined ICICI PRU PFM as their Pension Advisor only recently and needed clear information to take the concept forward and to my Clients.
I am a Mutual Funds Distributor Sir..
Thank You.🌷🌹
Thank you very much for clarifying on the minimum contribution, there were multiple numbers floating around. Wishing you the best!
What will happen if i haven't made any contribution for several years in NPS, how can I make it active again ?
Provided good exposure towards NPS. Good job sir. Thanks 👍🏻
Thanks. Glad you found it useful 🙌
Excellent video ..... Deserves more views
Thank you!
Dear Sir, thank you for creating such insightful content. One correction - as of this year, we're allowed to select different managers for different schemes. I myself have selected LIC for "G", while HDFC for all others.
Most welcome, glad you liked it. Yes, I got to know this now .. and I'll update all viewers later tonight on this (and other changes I missed out on) via a pinned comment. Thanks for letting me know.
@@shankarnathSir what is the minimum rate of interest we can expect in NPS?
I have PPF . So can I open a NPS ACCOUNT for my 3 year old child.I am 44.
Hi - both questions were addressed in the video. Kindly have a watch pls. To recap:
1. NPS does not offer an interest rate but returns are market linked
2. NPS is for Indian citizens aged 18 years and above
@@shankarnathAllowed only by NSDL, not the other CRA's.
@@shankarnath thank you so much for the instant response.
Wow Shankar ji, such a detailed video. I can only imagine the amount of efforts you have put into it. Hats off to you sir.
Thank you very much for your kind appreciation. Most videos take about 5 days of effort (2 days in research and scripting, 0.5 days in recording, 2 days in editing & 0.5 days in other activities like uploading, answering comments etc.)
Concise and best NPS explanation from you
Thank you!
Quality Content as always...it should a Million subscriber Channel
Thank you for your kind appreciation, Sanjib ji
Sir can we give monthly standing instructions from bank account to NPS and how ?
Thank you so much. Really helpful and appreciate your efforts to put such clear content on NPS.
So nice of you. Thank you!
Excellent info Shankar, Thanks!
I am your subscriber
So nice of you and thanks!
Very detailed.. finally i got some grip on this topic
Glad you found it useful 🙌
Complete and fantastic video of about NPS so far among watched by me 😅
Thank you. Glad you liked it
Very detailed video and regarding annuities, i had questions from last 3 years from now and they got cleared.
Glad to hear that!
Fantastic explainer Shankarji. Thanks a ton.
You're most welcome 🙌
Very clearly explained sir. I would share your video with youngesters. Keep it up.🎉
Thank you very much! 🙌
Actually good u did on NPS , lots of negatives circulating about it
Glad you found it useful!
Great video and explanation.. Simple and effective..
Glad you liked it
Thanks Shankar. Really insightful and crisp.
Most welcome. Glad you liked it!
Hi Shankar, great and informative videos as always. Just a point on the scheme managers. I believe now it is allowed to choose 3 different managers for Asset Class E, C and G. However, Asset Class A has to be a manager from one of the 3 chosen for other asset classes.
Thank you. Yes, I was made aware of this now and a couple of viewers even shared screenshots. I had the feeling this was possible but couldn't find any literature to this effect - but now, its clarified.
Excellent presentation. Really appreciate your efforts. Thankyou
You are most welcome 🙌
Thank you Sir, what a thorough and insightful video on NPS.
Most welcome. Glad you found it useful and informative
You have done extremely good job by providing various opportunities in NPS which surely would provide idea to individual to select and design life
Thank you for the kind words, Sandip ji
Pension part should be tax free and managed by PFRDA or Central Government …… because no one can predict what will happen if private annuity manager company defaults or could not manage regular Pension Payouts.
What a perfect video! Thanks a ton for making such a comprehensive video on the topic. 🙏👏
Most welcome. Glad you found it informative
Excellent explanation
Glad you liked it
Very insightful video. ❤
Glad it was helpful!
Content is super informative and worthy watching each second that there is no need from your side to request not to skip video !! Many Congrats on creating such a Video with sincere effort !! Way to go
Glad you liked it! Thanks for your kind appreciation
Really nice comprehensive explanation though little long but wholesome. Thank you !
You're welcome! Please utilize the 1.5x (or faster) speed option on UA-cam to save time
Excellent and very informative presentation 👏👏👏
Thanks Mr Shankar 🙏🙏
You're most welcome. Glad you liked it
Many thanks, it is a wonderful video.
Thank you
Beautifully put. Thanks
You're very welcome
Nicely researched designed useful content 🙏.Thank you very much
You are most welcome. Glad you liked it
Really appreciate your work on making informative content. Thank you sir.🥺
Thank you very much for your kind appreciation
Very insightful video
Glad it was helpful!
Holistic View on NPS. ❤
Glad you found it useful!
12:30 Hi Shankar, this statement is incorrect. Now you can choose different fund managers within the same tier. For eg you can now choose Hdfc for Equity along with LIC for Corporate, UTI for Govt in the same Tier -1 scheme. I have done it myself. Pl correct the same.
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
Nice job Ji 🙏🙏
Thanks a lot
Thank you. This was helpful.
Most welcome!
Excellent video..
Glad you liked it!
Very Informative
Thank you 🙌
Thanks for nice explanation , kindly note that minimum contribution is Rs 1000.00 in Tier 1 to avoid the freezing of the account , earlier this was Rs. 6000.00 .
Most welcome. Can you share the article on this change from 6k to 1k? I'm unable to find one. Thanks!
@@shankarnathshared your video.
Can you please suggest the best investment for a 3 year old child.
I am 44 and need to invest wisely for my child.
@@shankarnath what will be the maximum contribution in Tier-1 per annum?
No upper limit
Good Information. thank you
Glad it was helpful!
Thanks Sir , well explained 👏
Most welcome! Glad you liked it
Dear Sir, I am your regularly watching your video . thanks a lot for such a wonderful video, in which you covered all information regarding NPS.I have watched so many videos on NPS, but till date this is the best and carrying all relevant and important information in it. thanks again sir.
Sir one question , a central government employee can continue NPS after retirement with or without contribution. please clear this query.
Thank you very much, glad you found it useful. There is a useful table which might help you resolve your quandary. May I request you to have a look at it. Link: npscra.nsdl.co.in/nps-exit/
Very nice video! Sir!🎉
Thank you!
Neatly explained...
Thanks
Very very informative vdo
So nice of you. Thanks!
Great presentation
Thank you!
Thanks for the detailed video!
Most welcome
Thank you, great video
You are most welcome! 🙌
nicely articulated
Thank you!
Very Informative
Glad you liked it
Govt must make NPS more attractive. In its present form, its just not good enough. I have seen college Professors, school principals & state govt employees getting pension equal to minimum wage post retirement. People would keep demanding return to old pension system if this continues.
Obviously old pension scheme remains a better option over nps
I am amazed that people who joined service post NPS retired already.
There is an option where you can opt for a sum when you retire and the rest is given in monthly installments. It is very possible that they took a bulk out when they retired or their contribution when they were in service was minimum.
Assuming the NPS is inherently bad is wrong. There are factors that are out of the control of the government.
Old pension system is good for the employees but very bad for the government. With NPS they tried to cut their expenditure on pensions but many governments rolling back to OPS is wrong too.
Hi Shankar very informative, how beneficial is it to open account by individual (self) or by an agent , how much the charges affect to individual investor.
Thank you! Different agents have a different charge structure. For example - ETMoney (NPS agent) used to charge 0.25% per txn, not sure what's the case presently.
Very informative,
Glad it was helpful!
Thank you, Very helpful
You're welcome!
Good sir 👍
Thanks and welcome
Excellent video on NPS. 02 qurried 1.The investment is monthly or yearly. I want to invest ₹50,000/- annually(once in a year) to get Tax exemption of ₹15000/-is it allowed? As FY is at end.
2 .Is such Tax exemption allowed in Tier-II?
Hi Shankar Sir, great video. Thanks for it. However I would like to mention that we can now choose different pension fund managers for different asset class within same Tier. I am saying because in my Tier 1 account, I have HDFC as fund manager for my 75% class E holdings and LIC as fund manager for my 25% class G holdings. I hold 0% in Class C and Class A.
Thank you Saurabh. Yes, I got to know now and a couple of viewers have sent me an email from where they received that communication and even a screenshot of their NPS portal where this is enabled. I also remember reading of this happening but couldn't find any article to this effect. Thx again for letting me know, I'll update it via a community post or pinned comment for the benefit of all.
This is for Manual allocation only?
@@shankarnath Thanks Sir
@@Mysangeeet Yes. This is for Active choice.
Nice Explanation Shankar! However, as NPS is retirement, instruments, so can you also make content on Guranteed return income like jeevan umang etc
Thank you Gourav ji for the suggestion. I'll add it to my content queue.
Really good video sir, thank you
You are very welcome, glad you liked it
Thank you for sharing comprehensive video on NPS.
I want to ask, what happens if a subscriber leaves the country permanently before the age of 60 and gives up Indian citizenship?
Most welcome. Pls refer to point 3 of npscra.nsdl.co.in/download/Nodal%20Office/NPS_FAQ's.pdf
Excellent video
Thank you very much!
Good research but it is not correct that in active choice all asset classes has to be managed by since PFM. You can choose a different PFM for each asset class. I have done it myself and hence confident
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
What is a better approach to invest directly from NSDL portal or via discount broker in NPS?
@shankarnath The NPS scheme is now open to Non Resident Indians (NRIs) & Overseas Citizens of India (OCIs), but currently it is limited to Tier 1 account only.
Thanx a ton as always for sharing yet another insightful video.
However, I think one can fully exit NPS when the corpus accumulated is less than 5 lacs. The limits were increased as far as i know. Kindly chk at your end as well 🙏 😊
Most welcome. Can you pls forward any literature on this?
I used this table (npscra.nsdl.co.in/nps-exit/) which gave me the scenarios specific to 2.5 lakhs and also 5 lakhs.
@@shankarnathI think, in case of premature exit it's 2.5 lakh and in case of superannuation/ retirement it's 5 lakh.
@@pradhansouvik I also think so .. which is why at 18:19, I mentioned 2.5 lakhs as the context was on premature-exit (before 60 years of age)
There is one NPS TTS which is only for central government employees. Active choice for govt employees is all in government securities.
The maximum asset allocation for equity in active choice has been updated to 100% for Tier II and now subscribers can select upto 3 different PFM across different asset class
Thx for letting me know
@shankar Ji - the site now allows choosing different fund manager for each asset class - hope you can update the same in your otherwize excellent video
Unfortunately, I can't update it within this video as no video platform allows modifications. I'll add it when I do a followup video on this.
NPS showed how to do a SIP on its Tier 2. But it did not show how SEP could be stopped!! Any one knows how this can be done ?
I have few questions
1. If a person dies before 60, let's say at the age of 48, will the pension start to the nominee from that point?? or Nomeniee need to continue NPS till maturity of him\her 60 ?
2. If the Husband and wife both die at the age of 60+, lets at 65, will it help in any way to their children?
3. If both Husband and wife die before 60, and there are children below 18, will there be any pension for children ?
4. If corpus at maturity is 1Cr and he/she takes100% pension, and the personer lives 100 years will he\she get the same monthly pension for 40 years or will there be any variation over time?
5. If Husband and wife both have NPS, and after 60 one of them dies, will the second person will have 2 pensions, one of his own and for the nominee ?
Great video..I have a query - I have choosen Tata from the tier list .little afraid becoz i didn't see any return% from the tata fund manager in this video.how do you see it ? Any suggestion pls share
Please make a video with examples of SLW system and the transaction charges one has to bear alongwith tax benefits.
Thanks for the suggestion
My wife (71 yrs old)has complete three years in NPS, The value of holdings on 9th oct is 7,14,052.33 can she exit from NPS now and get pension on full 100% amount (without any lumpsum withdrawal), and with full purchase price payable to nominee? What will be approximate pension per moth in such case? Regards.
Quality content as usual ..But Shankarji does it really make sense opening a new nps account for people above 46years? Also can lumpsome money be invested or it's just monthly investments? would request your inputs here.Thanks.
Thank you!
1. NPS extends until the age of 75 .. so even at 46, that's a three decade runway. One should keep that into consideration aswell along with one's financial plans.
2. Yes, contribution can be made in lumpsum mode aswell
Is pension from NPS for lifetime or till I exhaust the sum accumulated in annuity ?
Almost all queries are answered except one
If say i want to invest 50 k for tax benefits do i need to split it into tier 1 and 2,and what are the individual accounts' tax benefits
Great comprehensive video..👍 A question - Many organisations mandates retirement age at 58 years whereas NPS retirement age is 60 years. This should be changed and Govt should look into it.
Thank you for your appreciation
Please tell how much maximum equity allocation allowed in NPS tier 2 active choice for both govt employee and private sector employee currently...
Is opening an account online is better or offline? Or it makes no difference?
What is standard choice apart from auto and active??
@Shankar 1st of all it was a great video. Some of my friend is saying not to invest in nps. But to invest in ELSS mutual fund. Because of annuity purchase and less return of NPS. I wanted to know are you a investor in NPS?
It is a long term investment for your retirement needs.
What is the need of investing in nps when we can invest in index mutual funds
IS THERE ANY MAXIMUM CONTRIBUTION LIMIT UNDER TIER I? CAN I VARY CONTRIBUTION UNDER TIER I?
i think now we can choose different fund manager within same tier
Yes, you can now.
The video was extremely informative. However, can the contribution be varied as one's career progresses?
Yes. The NPS amount can be varied
how do the breakdown or decide the monthly payment of the 40percent annuity; like you mentioned if its 1 core then we will receive 50,000 monthly as annuity, how did you arrive at this number; also this 50k is after tax deduction ?
Nice one Shankar ❤... I too used to think NPS stands for national pension scheme...I actually started my tier 1 account after seeing your video in ETmoney..so far returns are good..but then I need to see how it performs during downturns...have opted for active choice..E60:C20 G15 A5...you could have covered a little more on how to port from one to another pension fund.and also the charges that are involved ..and also on which/how to decide on annuity selection..looking forward to your video on whether to opt for more pension and less EPF...
Thank you very much!