Latest NPS equity returns: Check how your NPS pension fund is performing The risk-return profiles of these asset classes (E, G, C, and A) vary. With NPS, you can choose how to allocate your NPS assets
The Pension Fund Regulatory and Development Authority (PFRDA) regulates and administers National Pension System (NPS) under the PFRDA Act, 2013. Under the NPS scheme, pension fund managers invest your money in four types of assets.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} These four asset classes are equity (Class E), government bond (Class G), corporate debt (Class C), and alternative investment funds (Class A). The risk-return profiles of these four asset classes (E, G, C, and A) vary from one another. With NPS, you have the freedom to choose how to allocate your NPS assets.
Here are the latest NPS equity returns
NPS SCHEME - E (Tier-I)ParticularsSBIPFLICPFUTIPFICICI PFKOTAK PFHDFC PFAditya Birla PFTATA PFMAX LIFE PFAxis PFDSP PFAssets (Rs in crore)19,603.316,130.852,732.2816,993.622,598.2946,943.19885.111,460.33390.222,085.87274.51Scheme Inception Date1-May-0923-Jul-1321-May-0918-May-0915-May-091-Aug-139-May-1719-Aug-2212-Sep-2221-Oct-202226-Dec-23NAV30-Aug-2458.766545.760774.156874.303368.225854.410029.233616.097514.885415.121312.661752 Week High58.766545.760774.157074.303368.225854.410029.233616.097514.885415.121312.661752 Week Low42.767932.938150.443451.961548.322538.631420.871311.088410.493610.68689.9113RETURNS3 Months10.75%11.05%13.94%11.76%13.01%12.16%12.87%10.81%12.47%13.48%16.96%6 Months16.01%16.96%21.76%18.06%18.62%17.96%17.43%17.83%18.67%19.07%22.43%1 Year34.84%36.25%44.02%40.28%38.87%37.67%36.78%43.71%38.81%38.54%NA2 Years22.85%23.38%26.79%25.91%25.50%23.80%23.95%27.39%NANANA3 Years16.52%17.21%18.88%18.41%18.20%16.94%17.75%NANANANA5 Years19.33%20.28%21.40%21.30%21.11%20.72%19.96%NANANANA7 Years15.03%15.01%16.30%16.35%15.82%16.04%15.47%NANANANA10 Years13.21%12.99%14.34%14.01%14.05%14.22%NANANANANASince Inception12.24%14.67%14.00%14.01%13.37%16.51%15.79%26.39%22.41%24.89%26.62%PORTFOLIOTop 5 HoldingsReliance Industries
Limited;
HDFC Bank Limited; ICICI Bank Limited;. Larsen and Toubro Limited;
State Bank of India;Reliance Industries
Limited;
HDFC Bank Limited; ICICI Bank Limited;. Infosys Technologies Limited;
Larsen and Toubro
Limited;ICICI Bank;
Reliance Industries; HDFC Bank;
Infosys Techonologies; NTPC;ICICI Bank Limited; HDFC Bank Limited; Infosys Limited; Reliance Industries Limited;
Bharti Airtel Limited;HDFC Bank Ltd ; Reliance Industries Ltd; Infosys Ltd. ; ICICI Bank Ltd.;
Bharti Airtel Ltd;HDFC Bank Ltd; ICICI Bank Ltd; Reliance Industries Ltd.;
Infosys Ltd;
Bharati Airtel Ltd.;Reliance Industries; ICICI Bank; HDFC Bank;
Infosys Limited; Tata Consultancy Services Limited;Reliance Industry
Limited;
HDFC Bank Ltd.; ICICI Equity;
Larsen and Toubro; Infosys Technologies Limited;HDFC Bank Limited; Reliance Industries Limited;
ICICI Bank Limited; Infosys Limited; NTPC Limited;HDFC Bank Ltd; Reliance Industries Ltd;
ICICI Bank Ltd; Infosys Ltd; Larsen & Toubro Ltd;HDFC Bank Ltd; ITC Ltd;
Kotak Mahindra Bank Ltd; Bajaj Holdings & Investment Ltd;
HCL Technologies Ltd;Weigtage of
Top 5 Holdings%27.5031.0826.3824.7629.0228.8426.5323.5926.6224.8437.66Top 3 SectorsMonetary intermediation of commercial banks, saving banks.; Manufacture of allopathic pharmaceutical preparations.; Writing, modifying, testing of computer program.;Monetary intermediation of banks ;
Production of liquid
& gaseous fuels ; Writing,modifying, test of computer program;Government Securities; State Development Loans;
Monetary intermediation of commercial banks, saving banks.;Monetary intermediation of commercial banks, saving banks. postal savings;
Other credit granting; Writing , modifying, testing of computer program;Monetary intermediation of commercial
bank s; Production of liquid and gaseous fuels.;
Writing, modifying, testing of computer program.;Monetary intermediation of commercial banks, saving banks.; Manufacture of Petroleum Products;
Writing , Modifying, Testing of Computer Program.;Oil & Gas; Bank;
IT;Monetary Intermediation of Commercial Banks, Saving Banks.; Production of
Liquid and Gaseous Fuels or Other Products;
Writing , Modifying, Testing of Computer Program.;Banking;
Oil and Gas; IT;Monetary Intermediation of Commercial Banks, Saving Banks.; Production of
Liquid and Gaseous Fuels or Other Products;
Writing, Modifying, Testing of Computer Program.;Monetary Intermediation of Commercial Banks, Saving Banks.;
Writing , Modifying, Testing of Computer Program;
Distribution And Sale of
Gaseous Fuels;* Scheme Returns for more than 01 year are annualisedSCHEME BENCHMARK RETURN3 month12.52%6 month18.23%1 year40.23%2 years23.92%3 years18.07%5 Years21.30%7 Years16.53%10 Years14.37%Source: NPS Trust website; data as on August 31, 2024.
What is National Pension System (NPS)?
NPS is a defined contribution plan that is connected to the market and aids with retirement savings. The plan is straightforward, optional, portable, and adaptable. It is among the most effective strategies for increasing retirement income and reducing taxes. It enables you to strategically save in a methodical manner for a financially secure retirement.
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NPS is available to all eligible Indian citizens who meet the stipulated conditions. There are two ways to open the NPS account – online and offline.
How to register NPS using Aadhaar
Below are the simple steps to register for NPS using Aadhaar, according to the Union Bank of India website.Steps in registering new NPS account Online at eNPS
When you select Registration button at eNPS, you are taken to Online Subscriber Registration Form shown in image below:
Once you enter the details like PAN number it asks you to fill Personal Details as shown in image below. Note only those fields marked with * are compulsory or mandatory.
Enter Personal details
Identity details for registering new NPS account
Once you enter the Captcha details, which here is simple Maths operation, to verify that you are human being and not robot for example as shown in image below
Enter Captcha for opening NPS account
Then, Acknowledgement Number is generated.
Acknowledgement
It verifies if your details matches your PAN details. If PAN records matches information for NPS registration you get PAN Detail’s confirmation as shown in image below.
Enter the Contact Details
Enter Bank Details for Tier 1 and/or Tier 2 Account
Bank Details
Enter Scheme Details for Tier 1 / Tier 2.
ENPS Tier1 Details
Enter Nomination Details, if anyUpload Documents (Pan Card & Cancelled Cheque)Upload your Photo and Signature.Photo and signature should be in jpg format.Size of photo should be between 4KB and 12KB.ENPS Upload SignatureAfter Permanent Retirement Account Number (PRAN) is allotted, subscriber can use the following option:
For Tier I PRANs generated through Aadhaar, you have option to eSign the document by following the below mentioned steps:
Step 1: Select 'eSign' option in the eSign / Print & Courier page.
Step 2: OTP for the purpose of authentication will be sent to your mobile number registered with the Aadhaar.
Step 3: After Authentication of Aadhaar, Registration form will be successfully eSigned.
Step 4: Once a document is eSigned, you need not send the physical copy of form to CRA.
Step 5: Pay eSign charge plus applicable GST.
How can you make partial withdrawal from NPS?
An NPS subscriber needs to submit the withdrawal request along with a self-declaration stating the purpose for the withdrawal. This submission has to be done to the central record-keeping agency (CRA) through the government nodal office or point of presence.
List of fund managers according to the PFRDA website
Aditya Birla Sun Life Pension Management Limited
HDFC Pension Management Company Limited
ICICI Pension Fund Management Company Limited
Kotak Mahindra Pension Fund Limited
LIC Pension Fund Limited
SBI Pension Funds Private Limited
UTI Retirement Solutions Limited
Tata Pension Management Private Limited
Max Life Pension Fund Management Limited
Axis Pension Fund management Limited
DSP Pension Fund Managers Private Limited
Reliance Capital Pension Fund Limited
Tax benefits on partial withdrawal from NPS account
Eligible for tax exemption on the amount withdrawn upto 25% of the self contribution, on such terms and conditions as may be specified by PFRDA under section 10(12B).
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This story originally appeared on: India Times - Author:Faqs of Insurances
