NPS special features!

Special features of NPS are as follows: In NPS there is an option to choose between Active and Auto Choice for portfolio management. Under Active Choice you can self-manage your NPS portfolio asset allocation. Auto Choice works well for those who do not have the time or expertise to self-manage. Under this option there is automatic rebalancing of the portfolio where the asset allocation ensures that the risk is reduced with increasing age NPS has low charges (less than 0.10% - almost 1/15th of the fund management cost of other comparable actively managed funds) NPS being a long-term investment product enables you to benefit from the power of compounding NPS offers you Tax advantage NPS as a product has a strong risk management framework defined by PFRDA through clearly defined investable universe for Pension Fund Managers