Why NPS should be part of your retirement portfolio
- Tax sops, periodic withdrawals are beneficial for National Pension Scheme subscribers.
Should it be mutual funds or the national pension scheme (NPS)? Most investors, particularly salaried individuals, are divided on their opinions. But, financial planners recommend the pension scheme because of the sheer tax advantage it enjoys over mutual funds. Now, with the flexibility to opt for periodic withdrawal of a lump sum at retirement, it bolsters their case even more.