NPS Vatsalya Scheme: A Comprehensive Guide to Securing Your Child’s Financial Future

The NPS Vatsalya Scheme is a pension scheme introduced in July 2024 that allows parents or legal guardians to open a National Pension System (NPS) account on behalf of their minor child.

Introduction Overview of the NPS Vatsalya Scheme Key Features of NPS Vatsalya Start Saving Early Minimum Contribution Compounding Benefit Flexible Contribution Options Investment Strategies in NPS Vatsalya 1. Default Choice: Moderate Life Cycle Fund (LC-50)This is the most popular investment strategy in which half of the money is invested in stocks and the other half … Read more