The host asked very good questions you can understand she did real research for this interview. Good job!!

Investing within the NPS framework is crucial for maximizing returns and securing a comfortable retirement.

@masangogabriel3356

10 күн бұрын

Absolutely. NPS provides various investment choices ranging from equity to fixed income instruments. Diversifying your NPS portfolio based on risk tolerance and investment goals is key.

@favoursmith8501

10 күн бұрын

I've been considering NPS as part of my retirement planning. How does investing in NPS compare to other retirement savings vehicles like the 401(k) or IRA?

@emmapriscilla6132

10 күн бұрын

You should contribute to your retirement diligently, or better still look into financial planning don't come to youtube for advise, consult a Local or trusted online broker/ planner

@emmapriscilla6132

10 күн бұрын

Investing in NPS offers unique advantages like tax benefits and the option to choose between different fund managers and investment options. It's essential to weigh these factors against other retirement savings avenues.

@debocknolan6273

10 күн бұрын

This is huge! would love to grow my reserve regardless of the economy situation, my 407k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?

Good episode. While people may not like him putting down traditional asset classes, he isnt wrong. My biggest problem with NPS is that 40 percent of your corpus comes in the form of an annuity which is entirely in the hands of insurance companies. Plenty of scope for lots of shenanigans there.😢

@nikunj.sharma

Ай бұрын

The thought here is NPS is a great investment if you are thinking of your income post 58 years of age. You need a monthly source and hence the 40% forces you to hold and reap rewards in a continuous fashion no?

@viperking88

Ай бұрын

That was the point which was initially stopping me from investing..Then someone pointed out if you are anyway giving away 30+% as income taxes, you would be getting back a good amount back in the form of annuity

@ussvmehar7352

Ай бұрын

Wt " shenanigans"?

@nikunj.sharma

Ай бұрын

@@viperking88 yes but what matters is if you invest in NPS - it’s government backed. So you sure shot get atleast 12% returns annually. What pension fund globally gives you that? It’s about managing your risk profile. If you invest 10k every month, would you invest all in high risk, high reward. You would also invest in sure shot, safe bets.

@avisekghosh6375

29 күн бұрын

Actually this forced annuity restrict some one to withdraw entire money,which in long term may be beneficial for him/her, by the way after his/her death nominee will get back entire sum.

Things appear strange right now. The value of the US dollar is declining due to inflation, but it is increasing in comparison to other currencies and commodities such as gold and real estate. As someone with retirement funds I'm concerned about the impact of inflation on my savings, I hit $31k today, I am truly grateful for all the knowledge and nuggets you have given me over the past few months started with $11k in few weeks.

@Jackayers-g5d

18 күн бұрын

I'm a newbie in investment, can you guide me on how did it?

@Susan_98699

18 күн бұрын

What assets did you invest in and how did you achieve so much within a such period of time?

@Mary_Thompson-z5w

18 күн бұрын

Starting early is simply the best way of getting ahead to build wealth investing remains a priority I learnt from my last year's experience I am able to build a suitable life..

@SchindlerNelson

18 күн бұрын

Please can you leave the info of your Investment advsor here? I'm in dire need for one

@Kathy-q1d

18 күн бұрын

she's mostly on Telegrams, using the user name

I feel that if government makes the annuity to 15-20%, i see that NPS will get a huge hike in the investment.

@ramyasri6093

Ай бұрын

Yes

The truth is that the annuity aspect is a way for these companies to get money at very low cost of capital (6%) which they can deploy at much higher rates and make a lot of money As of today the annuity rates are even lower than FD rates…let people deploy their funds wherever they want, then it make sense… why are annuity companies deserving of getting money from us at 6%? People will remain quiet about this aspect

@nikunj.sharma

Ай бұрын

@@taruns7 NPS is run by government. It was an offshoot from the OPS direct benefit mechanism to now a Direct contribution method. And you can look at NPS trust data on their website on how they manage the funds. It’s pretty transparent.

@MsRahulghosh

Ай бұрын

People are not so smart....when the time will come when 1st batch of nps beneficiaries will start take pension from annuity then people will become smart

@ramyasri6093

Ай бұрын

​@@MsRahulghoshwell said

@Gilead-Thinghnai

28 күн бұрын

The problem is, we government servants are forced to NPS. 😢

@karan_rao

23 күн бұрын

Tax free nature of 60% corpus and the lower cost will balance that out.

Just an effort to place NPS on top of others. NPS will only be better if you allow me to choose whether I need annuity or not. At that age I might be in a medical condition where the need of that money is more. Many permutations and combinations are there. Hence, NPS is good but not that great.

@nikunj.sharma

Ай бұрын

@@manukuriachen5750 every product serves a purpose. NPS is for long term planning as with medicine evolving average age in India is >72 and in all likelihood we could see 85-90 yrs age as more common. Hence NPS helps with regular income source. For medical emergencies, you can park your funds in a different liquid instrument like FDs or get a Health insurance itself.

Very interesting insight on importance of inflation in discretionary spends which has been going up in double digits. Content rich interview. Thank you.

Divide your investment into 2, tier 1 and tier 2 & contribute equally So that you will be the least bother of annuity. Once you reach retirement age, you can start withdrawing systematically in tier 2 as per your income slab. But the important thing to note is that you should not withdraw before the retirement age as this is for your retirement funds. Tier 1 annuity percentage will definitely get increased from 6% to 8-9% for sure. (6% is just not acceptable 😂)

@nikunj.sharma

Ай бұрын

@@nagarajbhat6606 well said.

40% annuity that too taxable is a huge problem. The younger generations are not dumb to not know how to manage their own money. I trust myself more than some stupid insurance company to handle my money

Central Government employees do not have the flexibility of choosing agressive mode that is 75% in equity. Its a huge problem at the age of 25-30

@agrhemant

20 күн бұрын

This must change

@vipin251

8 күн бұрын

Check the NPS app or website, they have recently introduced the scheme change option for government employees also.

Compulsory 40 percent investment in low yield annuities is the biggest catch and the biggest negative....

NPS looks great but this forced annuity is something that puts me off. at a certain age I might need a bulk amount for family or for medical issues.

They biggest speed breaker for nps to be a hit is annuity at maturity 😢

@nikunj.sharma

Ай бұрын

@@ranitdey6355 Pension will be a huge problem post 2030 when a large chunk of India retires. As people cross 60 and more and more people will see Annuity via NPS as a god send. How in the west today with an older population the earlier elections ran on Healthcare and now it’s all about 401k plans. This will be the theme for India as well.

I started but when understood my money I will not get 100% at age 60, I stopped. I don't want someone else will dictate what to do with my Money. I want full control of my own money. I rather started investing mf, ppf, direct stock, reit for my retirement and I have 100% control on what to be done with my corpus at 60. I will never choose this do to this so called lowest cost junky product.

@viswambharandattaguru2890

17 күн бұрын

you can opt for tier2 which is similar to MF and you can exit any time. Tier II is an add-on account which provides you the flexibility to invest and withdraw from various schemes available in NPS without any exit load

@smartggs

14 күн бұрын

You already saved 30% at time of investment; hence you invested 1lac instead of 70k. At maturity you have 40% blocked for pension in return of that; you can think that 30% which you saved instead of being paid as taxes to gov is blocked in future. Hence it is mix bag. In case you are in 30% bracket it NPS make sense; and money is blocked till retirement (being a retirement product like ppf) it makes a corpus. Yes we can argue that MF makes 25% return; in comparison to NPS which is generarting 13% return for agressive choice

@nitinbisht2438

Күн бұрын

​@@smartggsdoes not necessarily mean I will save 30% on tax as the 80C limit is already covered from other investments

Buying annuity required huge GST, that's why Govt promoting this. Other Fixed investment not has any GST, like Scss, MIS, FD, PPF, which are good return than annuity.

I find NPS 2 more useful for playing Equity and Debt without tax implications while trying to rebalance. NPS 1 is good only for tax saving in 80CCD.

@shamimahamed6850

Ай бұрын

Correct.... I also use nps t2 as debt investment tool to get better than debt return.

Why should I listen to someone who represents the Pension Fund Manager in charge of managing the NPS funds? He shall obviously talk about the positives.

@TheKautya

13 күн бұрын

Because in the event that you are listening to another fund manager talking against NPS, you will know with certainty that he isnt lying to prove a point against NPS. So you can then make an informed choice.

Tax laws about NPSVare prevelant tax laws, there is no guarantee that at the age of super annuation the final settlement will be absolutely tax free.

@swapnilbhavsar3674

18 күн бұрын

This is true for all investment options.. we never know when government will start taxing mutual fund or equity as per slab.. we are reaching there slowly though..

Would like to know whether I can do taxfree withdrawals like an SWP from the 60% portion

One question: If let's say we have an active choice (75 equity, 15,10), and invest 100 rupees into Tier 1. After 1 year, assuming 40% growth in equity, and 10 % in the other two asset classes, the total value of trh fund would b 75x 1.4 + 25 x 1.1 = 132.5. Will this total sum be readusted to be 75, 15, 10 again, or will they grow parallely?

A very good video Mr Iyer😊

Also what people don't realize is that the government has an interest in making NPS successful, so over time it will be made even more attractive. We have to see in which direction the wind is blowing. If there are any negatives with NPS now, they will be removed gradually.

Nps is a scam. I have retired from a government job. Now I am getting 5% return on my annuity that I had to give to an annuity provider by force. Please avoid NPS.

@kiripotimung3730

27 күн бұрын

What was your corpus at the time of retirement? I guess your NPS term wasn't 30 years? Say your corpus was 2CR u recieved lumsum of 60% which is around 1.2 CR and annuity of 80L even if you get 5% return pm from 80L you are getting 40K PM as pension. And don't forget about the lumsump of 1.2 cr which you can invest in something which gives you monthly income.

@tumpakoli

23 күн бұрын

​@@kiripotimung3730 I have a question......why on earth I will book a 5% interest after investing in equity market for last 20/25 long years? Same period of time with same amount of SIP when brings a fat corpus, why I will not choose a SWP with any of a balanced fund? It would generate huge money.

@sankaranrangasubramanian3124

23 күн бұрын

I agree 5% is way minimal rate compared to inflation rate of 7%. But can’t we look that annuity amount reducing the 30% tax saved every year appx of 10% basic + 50k in CCD2 ?

@handlerxy

17 күн бұрын

It is not a scam while applying itself you knew that 40% will go to the annuity

@TimeTested.

17 күн бұрын

@@handlerxy had to take it in army. No choice buddy.

For people who fall in 30 percent tax slab, any how government will tak 30 rupee for each 100 rupee. So you can invest only 70 rupee. But in nps , you actually invest whole 100 rupee. 40 percent annuity is not bad for stable income after retirement. I know its not great from return perspective but all product that gives you assured return have less roi.

Whats diff between Tier 1 and Tier 2? Which one should be opted for?

Simple calculation 1.4 lakh invested for 30 years assuming 10% CAGR Returns will fetch you 24.4 lakhs. In hand 14.6 laks and 9.76 you have to buy Anuity 98k ( after paying 42k IT) invested in ELSS mutual funds for 30 years at 12% CAGR Return will fetch you 29.3 lakhs and after paying LTCG of 10% you will get 26.4 lakhs in hand

@subinarumugam458

Ай бұрын

+ AMC costs comparison?

@roop

Ай бұрын

You'll also have to consider the taxes saved for throughout the 30 years. NPS should definitely be used by the people in Old Regime and in a high tax bracket.

@nikunj.sharma

Ай бұрын

@@sooribabu4895 it’s about managing a portfolio. If you had to invest 100rs - you would invest let’s say 30% in Mutual fund (subject to market risk). And NPS has a large chunk in Government securities and Corporate bonds so you can invest let’s say 30% in NPS. You can’t risk all in ELSS MF as that way you are risking your corpus. It’s about balancing your chances of success in all future scenarios.

@vaibhavghadge4057

Ай бұрын

lol can you invest for 30 years ? Do you have that much patience?

@kiripotimung3730

27 күн бұрын

Why would you invest only 388.88 Rs per month for 360month (30years)

Very good content. Thank you

75% equity not possible for govt employee why no one say anything about this? and many other options not available for govt employees why hide this?

@manishankarkashyap4245

11 күн бұрын

Because votebank of your kind doesn't count

@syams84

12 сағат бұрын

I seriously fail to understand why government employees crib, when private employees have no problem with investment with zero job security.

The max amount that one can put is 50k.. right?

Well explained

@TrueFin

Ай бұрын

We're glad you liked this podcast, stay tuned to our page for more such content!

Hi Mr. Iyer, Could you please clarify if I can subscribe to the NPS being an "Overseas Citizen of India (OCI)" with Tax Residency in India for over 10 years now (and for the many years to follow)?

@nikunj.sharma

Ай бұрын

@@pankajmahatta2862 yes you can. However your minimum limit is different.

@TrueFin

Ай бұрын

Hello, yes, as an Overseas Citizen of India (OCI) with tax residency in India, you are eligible to subscribe to the NPS. The eligibility criteria for NPS include: Age: You must be between 18 to 70 years of age. Residency: As an OCI with tax residency in India, you fulfil the residency requirement for NPS. Investment limits: NRIs/OCIs need to meet the minimum contribution of Rs. 500 required thereafter, a minimum investment of Rs 6000 would be needed every year in order to keep the account active, which for domestic subscribers is Rs 1000. However, there is no upper limit for NRIs to invest in NPS. Tax benefits : NRIs/OCIs are eligible for all tax benefits available to domestic investors under section 80C & 80CCD(1B) respectively. KYC status : It's important to keep your KYC (Know Your Customer) documents updated and provide necessary proof of your tax residency status when enrolling in NPS. We hope this answers your query :)

Transfer from tier 2 to tier 1 ...... Will the withdrawn amount in tier 2 account attract tax

@TrueFin

Ай бұрын

Hi, transferring funds from an NPS Tier 2 account to a Tier 1 account is a straightforward process. However, it is important to note: Tax Applicability: Withdrawals from Tier 2 accounts are subject to tax as per the individual's income tax slab. However there is no additional tax levied on transferring the amount to Tier-1 via a one-way switch request (Read more about it at Central Recordkeeping Agency NSDL e-Governance Infrastructure Limited Standard Operating Procedure (SOP) for One way Switch - npscra.nsdl.co.in/download/non-government-sector/all-citizens-of-india/SOP-for-POP-POP-SP/SOP%20-%20One%20Way%20Switch.pdf ) Benefits of Tier 1: Tier 1 is the primary retirement account with additional tax benefits under Section 80C, 80CCD(1B), and 80CCD(2). We hope this solves your query :)

When annuity cannot beat FD why should any one invest? Why is government helping these businesses? Is it just for the taxes that can be squeezed? After listening to the whole episode i get that feel of wineyard owner talking of health benefits of wine. If there was no tax exemption of 50k its a no brainer to invest or not.

Government focussing to move all salaried to new regime. So the first advantage of NPS may not be valid after certain years. So i see NPS is useless product.

Why tire2 withdrawal is not taxing just like other MF at 12.5%? Why are they charging basis on our tax slab? Are there any chance that govt would change this tax scheme for tire2

Why liquor is good for health, in talks with liquor dealer

I am having NPS account in corporate job for last 7 years and getting 8% returns yoy till date. What about he pension criteria or how much pension we get if we sum up say 1 lac rupees. Thanks

@nikunj.sharma

Ай бұрын

@@RAKESHSHARMA-xf9oy you can withdraw 60k at retirement and 40k will go to an annuity plan without taxes.

@timetraveler444

Ай бұрын

You should allocate more to Equity to increase the return

You can't have something locked until the age of 60 where most people in most of the industries can't work after 50

Tax applicability for nps 2? Please explain

@nikunj.sharma

Ай бұрын

NPS helps you save 62,400 rs ie assuming you invest 1.5lakhs in 80C bucket and 50k in 80ccd. So with a 2 lakh investment, you save 62k 😊

@TrueFin

Ай бұрын

Hi, NPS Tier 2 accounts are not eligible for the same tax benefits as Tier 1 accounts. The key points to remember are: No Tax Deductions: Contributions to Tier 2 are not eligible for any tax deductions. Tax on Withdrawals: The withdrawals from Tier 2 accounts are taxed as per the individual’s applicable income tax slab. This means the entire withdrawn amount is added to the individual's income and taxed accordingly. However Tier-2 has no restrictions on withdrawal and allows user to invest upto 100% in all asset classes Zero Tax on Balance Transfer : Transferring the amount from Tier 2 to Tier 1 won’t attract any additional tax. Hence to avail the tax benefits under Section 80C & Section 80CCD(1B), you can opt for a balance transfer to your Tier-1 NPS account through a one way switch request (Read more about it at entral Recordkeeping Agency NSDL e-Governance Infrastructure Limited Standard Operating Procedure (SOP) for One way Switch - npscra.nsdl.co.in/download/non-government-sector/all-citizens-of-india/SOP-for-POP-POP-SP/SOP%20-%20One%20Way%20Switch.pdf ) We hope this answers your question :)

No one is telling these thing corporate IT company. Please visit our company and plan a demo on this sir

2:03Did HDFC give NPS to their employees if Not how they defended

Downsides to note Fully locked until retirement. Low returns on Annuity EXTREMELY RIGID. What if person loses job before retirement What about persona exigencies medical marriage or purchase house etc This corpus is being created for my kith and kin and not for myself of course it is also important What will I do with money after 60 age

@krishnac2300

28 күн бұрын

buy medicines and give GST to governement. They wont let you live without giving GST.

What is the definition of Retirement here for a corporate employee?

@nikunj.sharma

Ай бұрын

@@prafullaingole6122 when you leave professional service ie at 58 years.

Why is NPS worst retirement plan? Low return No Guarantee of minimum pension No scope of small/midcap/SGB participation. Very Low Employer contribution (14%). Compulsion to purchase annuity plan (40% of corpus). SLWP/annuity pension taxable. Max equity allocation limit of 75% only. Its a FoF scheme so subscriber has to bear NPS n AMC's expenses.

@nikunj.sharma

Ай бұрын

@@owaislatief8805 Thank you for your feedback on the National Pension Scheme (NPS). I'd like to address some of the concerns you've raised: 1. Low Return: NPS has historically provided competitive returns, especially in the equity and corporate bond segments. For example, the equity funds under NPS have delivered average returns between 10-12% per annum over the long term. This performance is comparable to many other investment options. 2. No Guarantee of Minimum Pension: While NPS does not guarantee a minimum pension, it is designed to accumulate a significant corpus over time through disciplined savings and market-linked returns. The absence of a guarantee allows for potentially higher returns compared to guaranteed pension plans. 3. No Scope of Small/Midcap/SGB Participation: NPS allows for investment in diversified equity portfolios which include a mix of large-cap, mid-cap, and small-cap stocks. However, it’s true that direct investment in specific asset classes like Sovereign Gold Bonds (SGB) isn't possible. This diversification within equity aims to balance risk and returns. 4. Very Low Employer Contribution (14%): The employer contribution of up to 14% (for central government employees) is one of the highest among retirement plans globally. For private sector employees, this depends on employer policies, but any contribution adds significantly to the employee's retirement corpus. 5. Compulsion to Purchase Annuity Plan (40% of Corpus): The requirement to use 40% of the corpus to purchase an annuity ensures a steady stream of income post-retirement. This mitigates the risk of outliving your savings and provides financial security. 6. SLWP/Annuity Pension Taxable: While annuity income is taxable, the contributions to NPS (up to ₹2 lakh) enjoy significant tax benefits under Sections 80C and 80CCD of the Income Tax Act. This helps in reducing the overall tax burden during the accumulation phase. 7. Max Equity Allocation Limit of 75%: The 75% equity allocation cap is a risk management feature to protect subscribers from market volatility, especially as they near retirement. This balanced approach helps in maintaining growth potential while mitigating risks. 8. FoF Scheme Expenses: While NPS does involve some expenses, it is one of the lowest-cost retirement products in India. The total expense ratio is capped, ensuring that subscribers get maximum returns with minimal costs. NPS offers a balanced, cost-effective, and tax-efficient way to build a retirement corpus with the flexibility to choose your investment mix. While no single plan can meet every individual's needs perfectly, NPS provides a robust framework for most retirement planning requirements. If you have more questions or need further information, feel free to ask!

@owaislatief8805

Ай бұрын

​thks 4 validating my points

sir, please tell how frequently we can change scheme. Its 4 times a year. But my doubt is if I change scheme today can i change it after one month or is there any time limit only after which i can change for 2nd time in a year or 3rd time or 4th time. Next in case of corporate NPS, their contribution is invested in mostly C and G category and there is no option to change to E category. So my doubt is can they shift to E class or not ?

@TrueFin

Ай бұрын

Hi, you can change your NPS scheme (i.e., switch between different pension fund managers or asset allocations) up to 4 times in a financial year. To answer your questions: > Frequency of Change: You can change your scheme 4 times a year. If you make a change today, you can make another change next month, provided you do not exceed the 4 changes in the financial year. > Corporate NPS Contributions: In the corporate NPS, while the employer's contributions are typically allocated to C (corporate bonds) and G (government securities), employees have the flexibility to change their individual contribution allocation. Employees can allocate their contributions to E (equity), C, or G as per their preference. However, the employer’s contribution allocation remains fixed as per the scheme set by the employer. We hope this solves your query :)

How is NPS better than any other equity market-linked ULIP policy ? Historically they have averaged returns at around 8-9% annual and the corpus you get at maturity is tax free. Also, you don't have to take the bloody annuity at maturity 😆.

Hi, Could you explain about the feasibility of transferring funds from PF to NPS ?

@nikunj.sharma

Ай бұрын

@@monishravichandran9668 yes this is possible. You can now transfer your PF to NPS directly. Initiate this from EPF website - inform your employer.

@nikunj.sharma

Ай бұрын

There is a condition though that you should have 5 years of employment- eligibility criteria.

@monishravichandran9668

Ай бұрын

@@nikunj.sharma Thanks, I believe there is a circular from NPS (Protean) stating the same. But one of the NPS Fund team said it is not practically doable as there is no clarity from EPFO.

@TrueFin

Ай бұрын

Hello, transferring funds from your Provident Fund (PF) to the National Pension System (NPS) is feasible and can be strategic. You withdraw the PF amount and deposit it into your NPS account. Key points to consider: Tax Implications: When you are continuing with your job, you can initiate withdrawal after 5 years. The withdrawal amount is tax free. Also the transferred funds to NPS is also tax free Long-term Benefits: NPS offers potential for higher returns through equity exposure and flexible investment options. To transfer: Visit the EPFO section on TrueFin (my.thetruefin.com/epf/) and select the “Need to withdraw money” tab to check your eligibility for PF withdrawal. You need to submit the transfer form to your employer, who will then initiate the balance transfer from EPF to NPS. Deposit the amount into your NPS account promptly to avoid missing out on high returns. We hope this answers your query :)

I am completimg 10 years shortly and planning to exit at age of 45, will i get annuity pay bsck immediately evry month or only at 60

@kirankumarakula

28 күн бұрын

I believe it is only after 60, since it is a retirement fund.

@easwarandevaraj7085

28 күн бұрын

@@kirankumarakula no confirmed it starts immediately

10 % of basic plus da.

If you are ready to sacrifice 40% of your returns to Anuity, NPS is the good option. I am not ready for any sacrifice. I would rather invest in ELSS Mutual funds

@KishanKumar-gh3gu

Ай бұрын

Bro the day i an investing i am saving 30% on that investment as per my tax slab. If you calculated closely. You would have paid that money as tax to the govt and not return. I am considering same tax saved amount is getting locked which pays the pension. It upto you either you pay the govt as tax or get the pension with the same saved tax money. Put a thought on this

@KishanKumar-gh3gu

Ай бұрын

The day you got into 30% slab you are going to choose nps. Elss will get exhausted with your epf itself

@KishanKumar-gh3gu

Ай бұрын

Its on top of 80c

@KishanKumar-gh3gu

Ай бұрын

Corporate nps is 10% of your basic to naps + voluntary upto 50k is tax free on and above your 80c limit of 1.5 lac

@KishanKumar-gh3gu

Ай бұрын

My corporate employer adds to nps around 90k plus i add 50k total 1.4 lac. With this i am saving 42k as tax

Interviewer is bigshot heavyweight

@syam2714

Ай бұрын

Just an employee.

10% contribution he is talking comes withinthe limit of 1.50 lac including ither contribution under dec 80 c

@khushalsancheti

7 күн бұрын

Nope. That's over and above 80c for corporate nps. Read 80ccd2

Still ops is much better option

@karan_rao

23 күн бұрын

No. Very detrimental to the economy. Read about it.

NPS is a disaster. You will be forced to buy a hilarious 6 % annuity of 40% of your hard earned saving. All the Annuity selling companies are the only beneficiaries. Do not fall for NPS. Put your money in Flexi Cap, multi cap, and mid cap mutual funds, and you will be at least 2-3 times richer in 25 years even after giving 0.6 to 0.75 % expense ratio than in NPS.

Don't do NPS. Withdrawal is a painful process. Too much time consuming in this day of technological advancements

Serious sa chehra bana ke logo ko murakh banate raho. Wah modiji Wah!!

Ops is better far far much than this nps

40% Annuity is not tax free..what is he smoking..😂

@sriramiyer70

Ай бұрын

Hi, Thank you for the comment. To clarify - what I have said is that the Corpus at maturity is tax free - 60% that is available for withdrawal and remaining 40% to be used for purchase of Annuity - annuity payouts or pension is a seperate stream of income that you make post exit from NPS. By the same argument, income/gains that you make if this corpus is invested in any vehicle (apart from tax free bonds) will attract some form of tax. I would also like to highlight that in most other products, the gains at maturity will attract a capital gain tax. NPS maturity corpus does not attract any taxes - which is the point I was highlighting. Trust this clarifies.

@syams84

11 сағат бұрын

​​@@sriramiyer70 that's not the point it's said 40% is also tax free, I think that's highly misleading.

Quite a poor pitch especially while putting down alternate asset classes. NPS is a great product but as a CEO u don’t have to put down everything else when ur other group companies deal in those big time 😂

@nikunj.sharma

Ай бұрын

Isn’t what’s said is correct considering retirement in mind. Especially with NPS providing a mix of equity, government bonds etc. Also he didn’t put down other products. Just spoke about the benefits from an NPS lens.

MLA mps first should be retired with NPS. Bokbas

Tax benefits at the age of 60. LOL. Kal kya hoga pata nahi hai. 30-40 years baad kya hoga inhe pata hai.

What an useless episode. I don't see any major selling points. NPS doesn't have in-built annuity and we have to buy annuity from these companies which pay peanuts in returns and hugely profitable for them. He sounds sleazy when trying promoting NPS

Misleading video. Spoken without context.

Lutne ka dhandha

I will never go with NPS till the time Govt tells you will get all your money upon retirement... So no matter what this joker advocates, NPS is not for me.

The truth is that the annuity aspect is a way for these companies to get money at very low cost of capital (6%) which they can deploy at much higher rates and make a lot of money As of today the annuity rates are even lower than FD rates…let people deploy their funds wherever they want, then it make sense… why are annuity companies deserving of getting money from us at 6%? People will remain quiet about this aspect