Why NPS Deserves a Spot in Your Long-Term Portfolio
The National Pension System (NPS) has the lowest fund management cost in the world (around 0.09% per year).
The 3 Tax Layers:
1. Section 80CCD(1): Up to ₹1.5 Lakhs within Section 80C (Old Regime).
2. Section 80CCD(1B): Exclusive additional ₹50,000 deduction over and above 80C (Old Regime).
3. Corporate NPS [Section 80CCD(2)]: Employer contributes up to 10% of Basic salary directly into your NPS. This deduction is available in BOTH Old and New Tax Regimes!
Portfolio Setup Strategy:
Avoid default conservative settings. Select Active Choice and set:
- Scheme E (Equity): 75% (Maximum permissible)
- Scheme C (Corporate Bonds): 15%
- Scheme G (Government Bonds): 10%
This delivers strong compounding throughout your career while maintaining sovereign debt safety.