What are the various investment choices available in NPS?
The following two investment choices are available in NPS: (I) Active Choice – Individual Funds (Asset class E, Asset class C and Asset class G) and (II) Auto Choice – Lifecycle fundIn Active choice, you have the option to actively decide as to how your NPS Pension wealth is to be invested in the following three asset classes:Asset Class E – investments in predominantly equity market instrumentsAsset Class C – investments in fixed income instruments other than Government securitiesAsset Class G – Investments in Government securitiesYou will be able to choose from the below-mentioned basket of investment choices: a. Equity (Asset Class “E”) with a maximum asset allocation of 50% and remaining 50% which can be allocated from Asset Class C and/or Asset Class G b. Fixed Income Instruments other than Government Securities (Asset Class “C”) with maximum asset allocation of 100% (if allocated singly)c.
