When & how to change your NPS pension fund manager
Mutual Fund Insight|October 2022
5 painless steps to ensure a larger retirement kitty. Plus: A DIY to switch your asset allocation.
When & how to change your NPS pension fund manager

Over the last few years, the National Pension System (NPS) has emerged as a popular investment option. However, it is easy for complacency to set in when it comes to investing in it. Given how highly safeguarded and secure the NPS is, most subscribers keep investing on autopilot. While it's not necessarily a bad thing, a performance review once in a while is recommended.

What if your pension fund manager is underperforming? It may be time for you to look for greener pastures. And greener pastures there are, as you can choose among seven pension-fundmanagement companies in India, namely UTI Retirement Solutions, LIC, SBI, Kotak Mahindra, HDFC, ICICI Prudential and Aditya Birla Sun Life. A word of caution though: while the government allows you to change your pension manager once a year, frequent chopping and changing can backfire. You should only look for an alternative if your investment has consistently underperformed for a considerable period of time.

Denne historien er fra October 2022-utgaven av Mutual Fund Insight.

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Denne historien er fra October 2022-utgaven av Mutual Fund Insight.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

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