Active Or Auto Investment Strategy For NPS- What Should You Choose?
NPS is a market linked investment product that enables investors to accumulate corpus for retirement years. With as less as Rs. 1000 annually, investors can begin to contribute towards the scheme and on reaching 60 years can buy an annuity product for providing periodic pay-out with minimum 40% of the corpus.
Further down, depending on your financial know-how and investment approach, you can zero-in either of the two investment strategies i.e auto or active investment option for investing in NPS.
Before getting into the details of the two strategies, let us first know that NPS offers 4 investment schemes or funds:
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