NPS

Best National Pension Scheme (NPS) to Invest with Nirmaya Wealth

Planning for retirement has never been more important, and the National Pension Scheme (NPS) is one of the most effective long-term investment solutions available in India. NPS is a voluntary retirement savings scheme designed to help investors build a retirement corpus through systematic contributions over their working life. At retirement, investors can withdraw a portion of the corpus as a lump sum, while the remaining amount generates a regular pension to secure post-retirement income.

Why Invest in NPS?

Voluntary Scheme: NPS is open to all Indian citizens, including private and public sector employees.

Low-Cost Investment: NPS is among the most cost-efficient investment avenues, ensuring more of your money is invested rather than spent on fees.

Simple Process: Investors can open an NPS account at any PFRDA-appointed Point of Presence (POP) and receive a Permanent Retirement Account Number (PRAN).

Portability: Your NPS account is fully portable across India. Contributions can be made at any POP, regardless of your location.

How to Invest in NPS with Nirmaya Wealth

Investing in NPS through Nirmaya Wealth is simple and convenient:

1. Create Your Account: Sign up with Nirmaya Wealth by providing basic details. Existing users can simply log in.
2. Select NPS: Navigate to your portfolio and click on Buy New, then select NPS.
3. Choose a Scheme: Pick the NPS plan that suits your retirement goals.
4. Investment Completion: A dedicated relationship manager will assist in completing the investment process seamlessly.

Types of NPS Accounts

Tier I Account:

• Pension-focused account with withdrawal restrictions.
• Minimum deposit: INR 500 to open.
• Annual minimum contribution: INR 1,000.

Tier II Account:

• Voluntary savings account with flexible withdrawals.
• Minimum deposit: INR 1,000 to open.
• No cap on maximum deposits, giving full flexibility.

Investment Choices in NPS

Investors can choose between two options for asset allocation:

Auto Choice: Asset allocation is managed automatically based on the age of the subscriber.

Active Choice: Investors can select their preferred allocation across equity, corporate bonds, government securities, and alternative assets. Equity allocation is capped at 50% under the active choice.

Who Can Invest in NPS?

• Individuals planning retirement and seeking regular post-retirement income.
• Private sector employees who want a long-term savings plan.
• Tax-conscious investors seeking additional deductions of INR 50,000 under Section 80CCD(1B).
• Individuals aged 18–70 years.

How NPS Works

NPS is a defined contribution pension system, where contributions are pooled and professionally managed by fund managers. Returns are market-linked, and the retirement corpus depends on the performance of these investments. Investors can access Tier I and Tier II accounts, with Tier I being mandatory for Tier II participation. Withdrawals are allowed at retirement, with certain exit conditions for early withdrawals.

Benefits of NPS with Nirmaya Wealth

• Expert guidance for asset allocation and investment planning.
• Access to both government-regulated and professionally managed NPS funds.
• Simplified account management and contribution tracking through a smart dashboard.
• Tax-efficient retirement savings and disciplined long-term investment.

Invest in the National Pension Scheme (NPS) with Nirmaya Wealth today and build a secure, well-managed retirement corpus that keeps your future financially independent.