Your command over English, the break down of NPS and to put down all points in simple layman's term is commendable, plus, not to forget the hard work on research and presentation is impeccable, ❤
Thanks for that! The use of audio and visual allows me to access different senses in the viewer's body (ear, eyes, brain) .. glad to know it all comes together in these videos to help you learn and retain information
Really nice video, I searched for multiple videos for NPS. Here is what stood out for me in this video - The video is running at such a steady pace that we can get involved yet not feel that the video is running. Reminds me of my days in graduation, there is always that one teacher who explains in a calm manner, thank you!
Dear Sir, thank you for creating such insightful content. One correction - as of this year, we're allowed to select different managers for different schemes. I myself have selected LIC for "G", while HDFC for all others.
Most welcome, glad you liked it. Yes, I got to know this now .. and I'll update all viewers later tonight on this (and other changes I missed out on) via a pinned comment. Thanks for letting me know.
Hi - both questions were addressed in the video. Kindly have a watch pls. To recap: 1. NPS does not offer an interest rate but returns are market linked 2. NPS is for Indian citizens aged 18 years and above
Hi Shankar, great and informative videos as always. Just a point on the scheme managers. I believe now it is allowed to choose 3 different managers for Asset Class E, C and G. However, Asset Class A has to be a manager from one of the 3 chosen for other asset classes.
Thank you. Yes, I was made aware of this now and a couple of viewers even shared screenshots. I had the feeling this was possible but couldn't find any literature to this effect - but now, its clarified.
Minimum contribution in TIER 1 NPS account per year is INR 1000 Sir.. Your presentation was excellent and timely since i had joined ICICI PRU PFM as their Pension Advisor only recently and needed clear information to take the concept forward and to my Clients. I am a Mutual Funds Distributor Sir.. Thank You.🌷🌹
Hi, for my understanding on perspectives: @dpacsaml - how much should one charge for a video like this? @Mysangeeet - how much do you think Adsense pays the creator for a video like this (assuming every viewer saw 2 ads)?
@@shankarnath I’m not able to comment on how much to charge Sir, but pls do check out Anand Srinivasan. He gives investment advice on the stock market (in tamil) and has written books, does tours where people can come meet him and ask qns, gives out interviews etc. He also used to meet people 1-1 for a fee (but I think he’s stopped doing this now as he’s become too popular). Ultimately people will pay for quality content.
Thank you very much for your kind appreciation. Most videos take about 5 days of effort (2 days in research and scripting, 0.5 days in recording, 2 days in editing & 0.5 days in other activities like uploading, answering comments etc.)
12:30 Hi Shankar, this statement is incorrect. Now you can choose different fund managers within the same tier. For eg you can now choose Hdfc for Equity along with LIC for Corporate, UTI for Govt in the same Tier -1 scheme. I have done it myself. Pl correct the same.
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
Pension part should be tax free and managed by PFRDA or Central Government …… because no one can predict what will happen if private annuity manager company defaults or could not manage regular Pension Payouts.
Content is super informative and worthy watching each second that there is no need from your side to request not to skip video !! Many Congrats on creating such a Video with sincere effort !! Way to go
Thanks for nice explanation , kindly note that minimum contribution is Rs 1000.00 in Tier 1 to avoid the freezing of the account , earlier this was Rs. 6000.00 .
@shankarnath The NPS scheme is now open to Non Resident Indians (NRIs) & Overseas Citizens of India (OCIs), but currently it is limited to Tier 1 account only.
@shankar Ji - the site now allows choosing different fund manager for each asset class - hope you can update the same in your otherwize excellent video
Hi Shankar Sir, great video. Thanks for it. However I would like to mention that we can now choose different pension fund managers for different asset class within same Tier. I am saying because in my Tier 1 account, I have HDFC as fund manager for my 75% class E holdings and LIC as fund manager for my 25% class G holdings. I hold 0% in Class C and Class A.
Thank you Saurabh. Yes, I got to know now and a couple of viewers have sent me an email from where they received that communication and even a screenshot of their NPS portal where this is enabled. I also remember reading of this happening but couldn't find any article to this effect. Thx again for letting me know, I'll update it via a community post or pinned comment for the benefit of all.
Govt must make NPS more attractive. In its present form, its just not good enough. I have seen college Professors, school principals & state govt employees getting pension equal to minimum wage post retirement. People would keep demanding return to old pension system if this continues.
I am amazed that people who joined service post NPS retired already. There is an option where you can opt for a sum when you retire and the rest is given in monthly installments. It is very possible that they took a bulk out when they retired or their contribution when they were in service was minimum. Assuming the NPS is inherently bad is wrong. There are factors that are out of the control of the government. Old pension system is good for the employees but very bad for the government. With NPS they tried to cut their expenditure on pensions but many governments rolling back to OPS is wrong too.
Dear Sir, I am your regularly watching your video . thanks a lot for such a wonderful video, in which you covered all information regarding NPS.I have watched so many videos on NPS, but till date this is the best and carrying all relevant and important information in it. thanks again sir. Sir one question , a central government employee can continue NPS after retirement with or without contribution. please clear this query.
Thank you very much, glad you found it useful. There is a useful table which might help you resolve your quandary. May I request you to have a look at it. Link: npscra.nsdl.co.in/nps-exit/
The maximum asset allocation for equity in active choice has been updated to 100% for Tier II and now subscribers can select upto 3 different PFM across different asset class
Good research but it is not correct that in active choice all asset classes has to be managed by since PFM. You can choose a different PFM for each asset class. I have done it myself and hence confident
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
Great video..I have a query - I have choosen Tata from the tier list .little afraid becoz i didn't see any return% from the tata fund manager in this video.how do you see it ? Any suggestion pls share
Hi Shankar, great video asusual. But there is misinformation in selection of fund manager for asset class @12:35 Subscriber is allowed to select different pension fund manager for different asset class under Active choice. It was introduced this year I believe. Example, Subscriber can select hdfc pension for Asset E, ICICI pension for corporate funds, LIC pension for Govt bond.
Thanks for letting me know, glad you liked the content. Curious to know - how did you first know about this change? I mean, a news article, an announcement, PFRDA website etc.? For now, some viewers have sent me proof via screenshots and some note in their statement. Another viewer says that it is possible in one CRA and not the other. That's why I'm keen on knowing the source so that I can compile this better for the benefit of all.
@@shankarnath long back in one of the news channel interview pfrda chairman gave this update. Later I checked in nps, change scheme option. They show the drop-down where we can select the pension fund manager and also the % to be contributed
@@sridharthegiant OK, Thanks! I'm in the process of posting an update to the NPS video with these changes .. and am currently corraborating info from different quarters.
Thanx a ton as always for sharing yet another insightful video. However, I think one can fully exit NPS when the corpus accumulated is less than 5 lacs. The limits were increased as far as i know. Kindly chk at your end as well 🙏 😊
Most welcome. Can you pls forward any literature on this? I used this table (npscra.nsdl.co.in/nps-exit/) which gave me the scenarios specific to 2.5 lakhs and also 5 lakhs.
Hi Shankar very informative, how beneficial is it to open account by individual (self) or by an agent , how much the charges affect to individual investor.
Thank you! Different agents have a different charge structure. For example - ETMoney (NPS agent) used to charge 0.25% per txn, not sure what's the case presently.
Please tell how to rebalance NPS to generate above than average return like suppose in moderate choice if equity goes above 55 then we should rebalance back to 50,30,20 this way we can lock the profit in market run up... And when equity goes to 45 percent then we can rebalance to buy at low valuation??
Great comprehensive video..👍 A question - Many organisations mandates retirement age at 58 years whereas NPS retirement age is 60 years. This should be changed and Govt should look into it.
Nice one Shankar ❤... I too used to think NPS stands for national pension scheme...I actually started my tier 1 account after seeing your video in ETmoney..so far returns are good..but then I need to see how it performs during downturns...have opted for active choice..E60:C20 G15 A5...you could have covered a little more on how to port from one to another pension fund.and also the charges that are involved ..and also on which/how to decide on annuity selection..looking forward to your video on whether to opt for more pension and less EPF...
Thank you for sharing comprehensive video on NPS. I want to ask, what happens if a subscriber leaves the country permanently before the age of 60 and gives up Indian citizenship?
Namskar sir Government employes ko active choice mai agressive mode 75% equity nhi aa raha hai only show lc 50 and lc 25 please reply why not shot lc 75
how do the breakdown or decide the monthly payment of the 40percent annuity; like you mentioned if its 1 core then we will receive 50,000 monthly as annuity, how did you arrive at this number; also this 50k is after tax deduction ?
@Shankar 1st of all it was a great video. Some of my friend is saying not to invest in nps. But to invest in ELSS mutual fund. Because of annuity purchase and less return of NPS. I wanted to know are you a investor in NPS?
Thank you for this explanation but could you please clarify min contribution per year amount? at some places it is 1000 and some articles mention that no min amount is needed
Almost all queries are answered except one If say i want to invest 50 k for tax benefits do i need to split it into tier 1 and 2,and what are the individual accounts' tax benefits
NPS becomes necessary, when we are taxed 30% :D Anyway returns are also good, as its market linked. Hope corona type situatuon does not arrive at the time of withdrawal. My current IRR is 14%.
I have a doubt sir As per 80c act 1.5L is Max Consider I am investing in ppf -50000,then my pf is 50000, lic as 50000 so 1.5L is covered. In this case could I invest 50000 in nps under 80ccd(1b) or 80ccd(1b) can be used only additional amount of nps invested in 80c.
Thank you. This is what the NSDL website says on it: www.npscra.nsdl.co.in/tax-benefits-under-nps.php#:~:text=Additional%20Tax%20Benefit%20is%20available,%2C%20up%2Dto%207.5%20Lakh.
I found the answers in your video which I was looking for, thank you. On researching I can see there are multiple CRAs. Which one should we choose (protean or kfin). Is there any government driven CRA and fund managers?
1. I don't think there's a government driven CRA 2. Govt. fund manager - I don't think so. But there are funds managed by SBI and also LIC -- but pls note, which these might see govt. entities, they're still private in their structure.
@@mukeshmda6107 That depends entirely on the platform you use Mukesh ji. E.g. ET Money uses NSDL, other platforms might be using something else. Sorry, I dont have any feedback/reviews on this
Hi, one point is not clear. Recently govt has allowed to choose different fund class for different heads but you mentioned it as not allowed. Pls clarify.
Yes, I have received information from some viewers that this has been allowed although none of us could find information on this. But a couple of viewers sent me screenshots so that's settled then that different pension fund managers can be selected for different asset classes
@@shankarnath Thank you. What is not clear is that whether class E funds will always follow Nifty 50 index or it is just a choice of all funds as of date. Can fund managers change course? I couldn't find any data about expense ratio as well. You clearly said taxation is not your forte, but there seems to be confusion on how tier 2 gains are taxed. What I read is that it will be at 20% with indexation after 3 years. But that is potentially high in comparison with Nifty 50 index funds in a brokerage account where it will be 10% LTCG.
1. The PFRDA has some guidelines on the kind of stocks that a fund manager can invest into. I read about it somewhere a couple years back, maybe in some news article. Something in the lines of top 200 companies with F&O participation. I also read that PFRDA has relaxed some of it. So, the size and shape of Class E (or any other class) will continue evolving. 2. Expense ratio information can be found on the pension fund manager website
Your command over English, the break down of NPS and to put down all points in simple layman's term is commendable, plus, not to forget the hard work on research and presentation is impeccable, ❤
Thanks for that! The use of audio and visual allows me to access different senses in the viewer's body (ear, eyes, brain) .. glad to know it all comes together in these videos to help you learn and retain information
There is no INSIGHTFUL AND better video on NPS THAN THIS... AMAZING Shankar continues to be the best and better than the rest. ALWAYS
Thank you Rohan ji. Glad you found this video useful and informative.
Completely agree with you. No other source is so simple, comprehensive and easy end-to-end process insights
I agree with compliments 👍
I was looking at videos about nps just this morning, today is my lucky day
Damn, if the markets were open today .. you could have made a killing :) .. ah well, enjoy the video!
That's called AI
This video has given me better information than my own company finance team. Thanks a lot!!
Glad to hear that. Most welcome 🙌
Really nice video, I searched for multiple videos for NPS. Here is what stood out for me in this video -
The video is running at such a steady pace that we can get involved yet not feel that the video is running. Reminds me of my days in graduation, there is always that one teacher who explains in a calm manner, thank you!
Glad you liked the content and video, Yuvraj ji. Much appreciated 🙌
Dear Sir, thank you for creating such insightful content. One correction - as of this year, we're allowed to select different managers for different schemes. I myself have selected LIC for "G", while HDFC for all others.
Most welcome, glad you liked it. Yes, I got to know this now .. and I'll update all viewers later tonight on this (and other changes I missed out on) via a pinned comment. Thanks for letting me know.
@@shankarnathSir what is the minimum rate of interest we can expect in NPS?
I have PPF . So can I open a NPS ACCOUNT for my 3 year old child.I am 44.
Hi - both questions were addressed in the video. Kindly have a watch pls. To recap:
1. NPS does not offer an interest rate but returns are market linked
2. NPS is for Indian citizens aged 18 years and above
@@shankarnathAllowed only by NSDL, not the other CRA's.
@@shankarnath thank you so much for the instant response.
Hi Shankar, great and informative videos as always. Just a point on the scheme managers. I believe now it is allowed to choose 3 different managers for Asset Class E, C and G. However, Asset Class A has to be a manager from one of the 3 chosen for other asset classes.
Thank you. Yes, I was made aware of this now and a couple of viewers even shared screenshots. I had the feeling this was possible but couldn't find any literature to this effect - but now, its clarified.
Excellent Video, Mr. Shankar. Simple, straight forward and comprehensive. Thanks.
Thank you very much 🙌
Minimum contribution in TIER 1 NPS account per year is INR 1000 Sir..
Your presentation was excellent and timely since i had joined ICICI PRU PFM as their Pension Advisor only recently and needed clear information to take the concept forward and to my Clients.
I am a Mutual Funds Distributor Sir..
Thank You.🌷🌹
Thank you very much for clarifying on the minimum contribution, there were multiple numbers floating around. Wishing you the best!
What will happen if i haven't made any contribution for several years in NPS, how can I make it active again ?
The amount of research that must have gone into making this video! So informative. This should be behind a paywall. Can’t believe this is free.
:| not heard about adsense?
Hi, for my understanding on perspectives:
@dpacsaml - how much should one charge for a video like this?
@Mysangeeet - how much do you think Adsense pays the creator for a video like this (assuming every viewer saw 2 ads)?
@@shankarnath I’m not able to comment on how much to charge Sir, but pls do check out Anand Srinivasan. He gives investment advice on the stock market (in tamil) and has written books, does tours where people can come meet him and ask qns, gives out interviews etc. He also used to meet people 1-1 for a fee (but I think he’s stopped doing this now as he’s become too popular).
Ultimately people will pay for quality content.
Absolutely detailed view of NPS...Appreciate the research and thoughts put forward
Most welcome
Wow Shankar ji, such a detailed video. I can only imagine the amount of efforts you have put into it. Hats off to you sir.
Thank you very much for your kind appreciation. Most videos take about 5 days of effort (2 days in research and scripting, 0.5 days in recording, 2 days in editing & 0.5 days in other activities like uploading, answering comments etc.)
Searching details about NPS, Your video gives more clarity on NPS, Thank you.
Most welcome. Glad it was helpful! 🙌
This is the best of the best presentation on NPS. Your value addition is wonderful.🎉🎉❤❤😀😀
Thank you very much!
12:30 Hi Shankar, this statement is incorrect. Now you can choose different fund managers within the same tier. For eg you can now choose Hdfc for Equity along with LIC for Corporate, UTI for Govt in the same Tier -1 scheme. I have done it myself. Pl correct the same.
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
Pension part should be tax free and managed by PFRDA or Central Government …… because no one can predict what will happen if private annuity manager company defaults or could not manage regular Pension Payouts.
Best explanation ever First time I understood clearly. Thanks
Most welcome. Great to hear! I'm happy you found it useful
One of the most lucid presenters out there - Thank you. 🙏
Appreciate that 🙌
Very detailed video and regarding annuities, i had questions from last 3 years from now and they got cleared.
Glad to hear that!
Very clearly explained sir. I would share your video with youngesters. Keep it up.🎉
Thank you very much! 🙌
Content is super informative and worthy watching each second that there is no need from your side to request not to skip video !! Many Congrats on creating such a Video with sincere effort !! Way to go
Glad you liked it! Thanks for your kind appreciation
Thank you so much. Really helpful and appreciate your efforts to put such clear content on NPS.
So nice of you. Thank you!
Excellent info Shankar, Thanks!
I am your subscriber
So nice of you and thanks!
You have done extremely good job by providing various opportunities in NPS which surely would provide idea to individual to select and design life
Thank you for the kind words, Sandip ji
Complete and fantastic video of about NPS so far among watched by me 😅
Thank you. Glad you liked it
Excellent video ..... Deserves more views
Thank you!
What a perfect video! Thanks a ton for making such a comprehensive video on the topic. 🙏👏
Most welcome. Glad you found it informative
Thank you Sir, what a thorough and insightful video on NPS.
Most welcome. Glad you found it useful and informative
Concise and best NPS explanation from you
Thank you!
Actually good u did on NPS , lots of negatives circulating about it
Glad you found it useful!
Thanks Shankar. Really insightful and crisp.
Most welcome. Glad you liked it!
Thanks for nice explanation , kindly note that minimum contribution is Rs 1000.00 in Tier 1 to avoid the freezing of the account , earlier this was Rs. 6000.00 .
Most welcome. Can you share the article on this change from 6k to 1k? I'm unable to find one. Thanks!
@@shankarnathshared your video.
Can you please suggest the best investment for a 3 year old child.
I am 44 and need to invest wisely for my child.
@@shankarnath what will be the maximum contribution in Tier-1 per annum?
No upper limit
Really nice comprehensive explanation though little long but wholesome. Thank you !
You're welcome! Please utilize the 1.5x (or faster) speed option on TH-cam to save time
Quality Content as always...it should a Million subscriber Channel
Thank you for your kind appreciation, Sanjib ji
Sir can we give monthly standing instructions from bank account to NPS and how ?
Fantastic explainer Shankarji. Thanks a ton.
You're most welcome 🙌
Excellent presentation. Really appreciate your efforts. Thankyou
You are most welcome 🙌
Provided good exposure towards NPS. Good job sir. Thanks 👍🏻
Thanks. Glad you found it useful 🙌
Very detailed.. finally i got some grip on this topic
Glad you found it useful 🙌
Nicely researched designed useful content 🙏.Thank you very much
You are most welcome. Glad you liked it
Great video and explanation.. Simple and effective..
Glad you liked it
Really appreciate your work on making informative content. Thank you sir.🥺
Thank you very much for your kind appreciation
@shankarnath The NPS scheme is now open to Non Resident Indians (NRIs) & Overseas Citizens of India (OCIs), but currently it is limited to Tier 1 account only.
@shankar Ji - the site now allows choosing different fund manager for each asset class - hope you can update the same in your otherwize excellent video
Unfortunately, I can't update it within this video as no video platform allows modifications. I'll add it when I do a followup video on this.
Excellent and very informative presentation 👏👏👏
Thanks Mr Shankar 🙏🙏
You're most welcome. Glad you liked it
Hi Shankar Sir, great video. Thanks for it. However I would like to mention that we can now choose different pension fund managers for different asset class within same Tier. I am saying because in my Tier 1 account, I have HDFC as fund manager for my 75% class E holdings and LIC as fund manager for my 25% class G holdings. I hold 0% in Class C and Class A.
Thank you Saurabh. Yes, I got to know now and a couple of viewers have sent me an email from where they received that communication and even a screenshot of their NPS portal where this is enabled. I also remember reading of this happening but couldn't find any article to this effect. Thx again for letting me know, I'll update it via a community post or pinned comment for the benefit of all.
This is for Manual allocation only?
@@shankarnath Thanks Sir
@@Mysangeeet Yes. This is for Active choice.
Very insightful video. ❤
Glad it was helpful!
Govt must make NPS more attractive. In its present form, its just not good enough. I have seen college Professors, school principals & state govt employees getting pension equal to minimum wage post retirement. People would keep demanding return to old pension system if this continues.
Obviously old pension scheme remains a better option over nps
I am amazed that people who joined service post NPS retired already.
There is an option where you can opt for a sum when you retire and the rest is given in monthly installments. It is very possible that they took a bulk out when they retired or their contribution when they were in service was minimum.
Assuming the NPS is inherently bad is wrong. There are factors that are out of the control of the government.
Old pension system is good for the employees but very bad for the government. With NPS they tried to cut their expenditure on pensions but many governments rolling back to OPS is wrong too.
Dear Sir, I am your regularly watching your video . thanks a lot for such a wonderful video, in which you covered all information regarding NPS.I have watched so many videos on NPS, but till date this is the best and carrying all relevant and important information in it. thanks again sir.
Sir one question , a central government employee can continue NPS after retirement with or without contribution. please clear this query.
Thank you very much, glad you found it useful. There is a useful table which might help you resolve your quandary. May I request you to have a look at it. Link: npscra.nsdl.co.in/nps-exit/
Many thanks, it is a wonderful video.
Thank you
The maximum asset allocation for equity in active choice has been updated to 100% for Tier II and now subscribers can select upto 3 different PFM across different asset class
Thx for letting me know
Good research but it is not correct that in active choice all asset classes has to be managed by since PFM. You can choose a different PFM for each asset class. I have done it myself and hence confident
Yes, I thought so too but couldn't find any literature. A couple of viewers were kind enough to email me the screenshots and clarify the matter. I'll update it via a pinned comments by tomorrow
What is a better approach to invest directly from NSDL portal or via discount broker in NPS?
Beautifully put. Thanks
You're very welcome
Great video..I have a query - I have choosen Tata from the tier list .little afraid becoz i didn't see any return% from the tata fund manager in this video.how do you see it ? Any suggestion pls share
Hi Shankar, great video asusual. But there is misinformation in selection of fund manager for asset class @12:35
Subscriber is allowed to select different pension fund manager for different asset class under Active choice. It was introduced this year I believe.
Example, Subscriber can select hdfc pension for Asset E, ICICI pension for corporate funds, LIC pension for Govt bond.
Thanks for letting me know, glad you liked the content. Curious to know - how did you first know about this change? I mean, a news article, an announcement, PFRDA website etc.?
For now, some viewers have sent me proof via screenshots and some note in their statement. Another viewer says that it is possible in one CRA and not the other. That's why I'm keen on knowing the source so that I can compile this better for the benefit of all.
@@shankarnath long back in one of the news channel interview pfrda chairman gave this update.
Later I checked in nps, change scheme option. They show the drop-down where we can select the pension fund manager and also the % to be contributed
@@sridharthegiant OK, Thanks! I'm in the process of posting an update to the NPS video with these changes .. and am currently corraborating info from different quarters.
Nice Explanation Shankar! However, as NPS is retirement, instruments, so can you also make content on Guranteed return income like jeevan umang etc
Thank you Gourav ji for the suggestion. I'll add it to my content queue.
Excellent explanation
Glad you liked it
Thanx a ton as always for sharing yet another insightful video.
However, I think one can fully exit NPS when the corpus accumulated is less than 5 lacs. The limits were increased as far as i know. Kindly chk at your end as well 🙏 😊
Most welcome. Can you pls forward any literature on this?
I used this table (npscra.nsdl.co.in/nps-exit/) which gave me the scenarios specific to 2.5 lakhs and also 5 lakhs.
@@shankarnathI think, in case of premature exit it's 2.5 lakh and in case of superannuation/ retirement it's 5 lakh.
@@pradhansouvik I also think so .. which is why at 18:19, I mentioned 2.5 lakhs as the context was on premature-exit (before 60 years of age)
Hi Shankar very informative, how beneficial is it to open account by individual (self) or by an agent , how much the charges affect to individual investor.
Thank you! Different agents have a different charge structure. For example - ETMoney (NPS agent) used to charge 0.25% per txn, not sure what's the case presently.
Please tell how to rebalance NPS to generate above than average return like suppose in moderate choice if equity goes above 55 then we should rebalance back to 50,30,20 this way we can lock the profit in market run up... And when equity goes to 45 percent then we can rebalance to buy at low valuation??
Great comprehensive video..👍 A question - Many organisations mandates retirement age at 58 years whereas NPS retirement age is 60 years. This should be changed and Govt should look into it.
Thank you for your appreciation
NPS showed how to do a SIP on its Tier 2. But it did not show how SEP could be stopped!! Any one knows how this can be done ?
Holistic View on NPS. ❤
Glad you found it useful!
Nice one Shankar ❤... I too used to think NPS stands for national pension scheme...I actually started my tier 1 account after seeing your video in ETmoney..so far returns are good..but then I need to see how it performs during downturns...have opted for active choice..E60:C20 G15 A5...you could have covered a little more on how to port from one to another pension fund.and also the charges that are involved ..and also on which/how to decide on annuity selection..looking forward to your video on whether to opt for more pension and less EPF...
Thank you very much!
Thank you. This was helpful.
Most welcome!
Neatly explained...
Thanks
Thank you, great video
You are most welcome! 🙌
Very Informative
Thank you 🙌
Please make a video with examples of SLW system and the transaction charges one has to bear alongwith tax benefits.
Thanks for the suggestion
Thanks for the detailed video!
Most welcome
There is one NPS TTS which is only for central government employees. Active choice for govt employees is all in government securities.
Please tell how much maximum equity allocation allowed in NPS tier 2 active choice for both govt employee and private sector employee currently...
Thank you for sharing comprehensive video on NPS.
I want to ask, what happens if a subscriber leaves the country permanently before the age of 60 and gives up Indian citizenship?
Most welcome. Pls refer to point 3 of npscra.nsdl.co.in/download/Nodal%20Office/NPS_FAQ's.pdf
Very insightful video
Glad it was helpful!
Namskar sir Government employes ko active choice mai agressive mode 75% equity nhi aa raha hai only show lc 50 and lc 25 please reply why not shot lc 75
Hello, I don't know pls. Yeh question government hi answer kar sakte hai .. kripya RTI (right to information) ka prayog karein.
Really good video sir, thank you
You are very welcome, glad you liked it
Very very informative vdo
So nice of you. Thanks!
Is pension from NPS for lifetime or till I exhaust the sum accumulated in annuity ?
i think now we can choose different fund manager within same tier
Yes, you can now.
how do the breakdown or decide the monthly payment of the 40percent annuity; like you mentioned if its 1 core then we will receive 50,000 monthly as annuity, how did you arrive at this number; also this 50k is after tax deduction ?
@Shankar 1st of all it was a great video. Some of my friend is saying not to invest in nps. But to invest in ELSS mutual fund. Because of annuity purchase and less return of NPS. I wanted to know are you a investor in NPS?
It is a long term investment for your retirement needs.
Thank you for this explanation but could you please clarify min contribution per year amount? at some places it is 1000 and some articles mention that no min amount is needed
Hello, please refer to point 2 in this webpage: npscra.nsdl.co.in/all-faq-contribution.php
Thanks Sir , well explained 👏
Most welcome! Glad you liked it
Good Information. thank you
Glad it was helpful!
Whether the total corpus ( less than 5 lac) if withdrawn on closure of NPS a/c after 60 will attract exemption under EEE?
Almost all queries are answered except one
If say i want to invest 50 k for tax benefits do i need to split it into tier 1 and 2,and what are the individual accounts' tax benefits
NPS becomes necessary, when we are taxed 30% :D Anyway returns are also good, as its market linked. Hope corona type situatuon does not arrive at the time of withdrawal. My current IRR is 14%.
Very Informative
Glad you liked it
I have a doubt sir
As per 80c act 1.5L is Max
Consider I am investing in ppf -50000,then my pf is 50000, lic as 50000 so 1.5L is covered.
In this case could I invest 50000 in nps under 80ccd(1b) or 80ccd(1b) can be used only additional amount of nps invested in 80c.
Thank you, Very helpful
You're welcome!
What is standard choice apart from auto and active??
Great presentation
Thank you!
Really good video.
One query ,what is the cap in employer contribution under 80 CCD2 in terms of total ammount
10% for private employer and 14% for government
Thank you. This is what the NSDL website says on it: www.npscra.nsdl.co.in/tax-benefits-under-nps.php#:~:text=Additional%20Tax%20Benefit%20is%20available,%2C%20up%2Dto%207.5%20Lakh.
I found the answers in your video which I was looking for, thank you. On researching I can see there are multiple CRAs. Which one should we choose (protean or kfin). Is there any government driven CRA and fund managers?
1. I don't think there's a government driven CRA
2. Govt. fund manager - I don't think so. But there are funds managed by SBI and also LIC -- but pls note, which these might see govt. entities, they're still private in their structure.
@ noted, thank you for your response. Which CRA do you suggest or is opted by most people?
@@mukeshmda6107 That depends entirely on the platform you use Mukesh ji. E.g. ET Money uses NSDL, other platforms might be using something else. Sorry, I dont have any feedback/reviews on this
@@shankarnath thank you 🙏🏻
Nice job Ji 🙏🙏
Thanks a lot
When we deposits certain amount do government charges any GST amount
Hi, one point is not clear. Recently govt has allowed to choose different fund class for different heads but you mentioned it as not allowed. Pls clarify.
Yes, I have received information from some viewers that this has been allowed although none of us could find information on this. But a couple of viewers sent me screenshots so that's settled then that different pension fund managers can be selected for different asset classes
nicely articulated
Thank you!
Sir , remaining 40 percent corpus amount, rather than nominee, NPS contributor can withdraw after 60 age ??
Very informative indeed. Thanks Shankar for this.
Any idea what is the benchmark against which the funds are being compared?
Most welcome. Benchmarks available in 09:24
@@shankarnath Thank you. What is not clear is that whether class E funds will always follow Nifty 50 index or it is just a choice of all funds as of date. Can fund managers change course?
I couldn't find any data about expense ratio as well.
You clearly said taxation is not your forte, but there seems to be confusion on how tier 2 gains are taxed. What I read is that it will be at 20% with indexation after 3 years. But that is potentially high in comparison with Nifty 50 index funds in a brokerage account where it will be 10% LTCG.
1. The PFRDA has some guidelines on the kind of stocks that a fund manager can invest into. I read about it somewhere a couple years back, maybe in some news article. Something in the lines of top 200 companies with F&O participation. I also read that PFRDA has relaxed some of it. So, the size and shape of Class E (or any other class) will continue evolving.
2. Expense ratio information can be found on the pension fund manager website