With 11% returns, NPS Tier II outshines bank FDs, liquid funds
In the last three years, NPS Tier II account Scheme G has given annualised return of 9.53% and in the last five years, average returns stood at 10.20%
Tier II account of National Pension System (NPS) has outperformed most fixed income investments. With 11.11% returns in the last one year, Scheme G of NPS Tier II has outperformed liquid debt mutual funds and savings bank fixed deposits by a wide margin. Liquid funds on an average have delivered around 5% in the last one year. Savings bank fixed deposits have also come down steeply to around 5%. SBI FDs of 180 days to less than one year fetch 4.4%. Deposits with maturity between 1 year and up to less than 2 years will give 4.9%.