National Pension Scheme (NPS)
NPS is a pension scheme regulated by Pension Fund Regulatory & Development Authority (PFRDA). Subscriber contributes towards NPS to accumulate corpus for retirement during his / her working life which can be utilized to get monthly pension post retirement. Investment will be managed by HDFC Pension Management Company Limited.
- Asset Class: Equities, Corporate bonds, Government securities and AIFs
Suitable for: Citizen of India including NRI between age group of 18 and 65 years
Tenure: Till the age 70 years after joining it
