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What is meant by Life Cycle fund in the Auto Choice option?

April 26, 2017Auto CYCLE fund life meant option

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What is meant by Life Cycle fund in the Auto Choice option?

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NPS offers an easy investment option, called “Auto Choice”, to assist those customers who do not have the required knowledge to manage their NPS investments.Under this Option, the investments will be made in a life cycle fund whereby the allocation across various assets will be defined as per your age and will be readjusted as you grow older. Please refer the Offer Document for details refer “Auto choice – life cycle fund section”.