This Scheme Fetches Way Better Return Than Bank FDs

Amid unprecedented Covid 19 times, when our finances face high uncertainty individuals now look for far safer avenues and if you are not very much convinced from the returns that bank fixed deposits generate currently, you too can consider this retirement product scheme which comes with other advantages too besides stupendous returns in double digits over a 1-year tenure.

Yes we are talking about none other than NPS or National Pension Scheme. While most NPS schemes have fared better than bank fixed deposits, here we stress in particular on NPS Tier II account and compare it with bank FDs-

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Performance of NPS Tier II Scheme G (government bonds)

Note- the return mentioned above are as on August 12, 2020 and Source is Value Research.

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