NPS Scheme E-Tier 1 Has Given Over 60% Returns In 1 Year, Details Inside

The National Pension System's (NPS) equity funds have generated strong returns over the last 1 year. As of May 31, 2021, five of the seven asset management corporations that handle funds under Scheme-E tier-1 funds have managed to achieve above 60% returns in the previous year. On the other hand, in the previous six months, the National Pension System (NPS) Scheme has delivered 21.78 per cent. These returns have popped up due to the outstanding success of its most well-known schemes, such as the LIC Pension Fund, UTI Retirement Solution Fund, ICICI Pension Fund, Kotak Pension Fund, and HDFC Pension Fund. All these funds have managed to produce over 60% returns in the previous year and over 20% returns in the last six months, according to NPS Trust data accessible at npstrust.org.in. Let's discuss in brief:{photo-feature}