Active option in NPS!

If you pick active option in National Pension Scheme (NPS), then it is one investment vehicle which allows you to plan your portfolio in different asset classes and gives you flexibility. Higher equity weightage option in NPS can significantly bolster your retirement corpus, helping you compound your money faster. But keep in mind that redemption option under NPS allows you to get only 60 percent money tax-free as lumpsum. Rest must be mandatorily invested in an annuity which is nothing, but a product offered by life insurance companies where you get pension money at regular intervals.