Make most of rupee-cost-averaging in NPS as well, with introduction of SIP

The Pension Fund Regulatory and Development Authority (PFRDA) has made two important announcements related to the National Pension System (NPS). One, investors will soon be able to take the systematic investment plan (SIP) route while investing in NPS. Second, those who have made a premature exit from NPS, but have only withdrawn the lump-sum portion, will be allowed to continue with the same NPS account, provided they re-deposit the withdrawn amount. Experts view the introduction of SIP mode as a positive development. “Even in NPS, you can invest up to 75 per cent in equities. The.....

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