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There are 10 pension fund managers of NPS and their return varies from one to another. The maximum return of 39.74 percent was given by Tata-Pension Fund.

NPS scheme: In the Tier-1 account, NPS-Scheme E allocates investments to equities with long-term growth potential. As we know Tier -I is a compulsory retirement account

The regulations highlighted by PFRDA state that partial withdrawals are allowed only for specific purposes, like higher education or marriage expenses, serious ailments or purchasing a house for the first time.

After the latest changes, NPS investors will now have the option to withdraw 60% of their retirement corpus either as a lump sum at once or they can get paid in a phased manner through the systematic lump-sum withdrawal facility post-retirement. If you are planning to opt for a systematic lump-sum withdrawal of your NPS corpus at the time of retirement, you must know how it works and will be taxed. Read on to find out.

Auto choice is meant for investors who want to cut down on their allocation to equity with advancing age, while the active choice is ideal for investors who want to take the destiny of their investment in their own hands.

Let's start with Auto Choice. As the name goes, it's a very passive way of investing in NPS for subscribers who do not understand what of an asset they want in their scheme. They can actually for an Auto Choice in which there are three life-cycle funds, there are three phases of life-cycles according to which your portfolio will keep changing. , Personal Finance News, Times Now

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नयी दिल्ली, 29 अगस्त (एजेंसी) राष्ट्रीय पेंशन प्रणाली (एनपीएस) से 65 साल की उम्र के बाद जुड़ने वाले अंशधारकों के लिए इसे और आकर्षक बनाया गया है। इसके तहत ऐसे लोगों को अपने 50 फीसदी तक कोष को इक्विटी

However, for subscribers joining the retirement plan beyond the age of 65 years, the maximum equity exposure will be capped at 15% to invest under the default 'Auto Choice' option.

The Pension Fund Regulatory and Development Authority (PFRDA) has revised the guidelines on entry and exit following an increase in the maximum age for joining the NPS from 65 year to 70 years of age