Top 7 NPS mutual funds with best SIP returns in 5 years: Rs 20,000 monthly SIP in No. 1 fund has grown to Rs 22 lakh
Top 7 NPS SIP mutual funds in 5 Years: NPS subscribers can contribute from the age of 18 to 75. At 60 years of age, they get the option to withdraw up to 60 per cent of their retirement corpus. They need to purchase annuity from the rest of the 40 per cent money to get a monthly pension. If they want, they can defer or delay their withdrawal. NPS has Tier I and Tier II accounts. Contributions to a Tier I account provide tax benefits of up to Rs 2 lakh in a financial year to old tax regime taxpayers.
Top 7 NPS mutual funds with highest SIP return in 5 years: National Pension System (NPS) is a retirement scheme where employees of private and public sector companies and the self-employed can contribute in a financial year or monthly to build a retirement corpus. They can contribute from the age of 18 to 75. At 60 years of age, they get the option to withdraw up to 60 per cent of their retirement corpus. They need to purchase annuity from the rest of the 40 per cent money to get a monthly pension. If they want, they can defer or delay their withdrawal. NPS has Tier I and Tier II accounts. Contributions to a Tier I account provide tax benefits of up to Rs 2 lakh in a financial year to old tax regime taxpayers. An NPS accountholder can opt for up to 75 per cent equity exposure, where they can choose the mutual fund scheme. Every financial year, they get the option to change it if the fund is not performing up to their expectations or for other reasons. In this write-up, we are giving you a list of the top 7 NPS mutual funds in terms of annaulised SIP returns in 5 years. We will also tell you about their estimated returns on a Rs 20,000 monthly SIP investment (Note: we are taking Tier I Equity Plans-
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UTI Retirement Solutions
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UTI Retirement Solutions
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ICICI Prudential Pension Funds
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ICICI Prudential Pension Funds
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Kotak Pension Fund
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Kotak Pension Fund
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LIC Pension Fund
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LIC Pension Fund
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HDFC Pension Fund
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HDFC Pension Fund
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ABSL Pension Fund
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ABSL Pension Fund
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SBI Pension Fund
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