If you are planning to invest in SIP or NPS, then let’s know about these two in detail.
New Delhi. Most of the people are investing in investment schemes somewhere for a better future. Especially when you invest in any scheme, the first thing you think about in which scheme to invest money. In such a situation, if you are planning to invest in SIP or NPS, then let’s know about these two in detail.
SIP: Systematic Investment Plan (SIP) is the most popular way to invest in Mutual Funds. There are many such SIP schemes in the market where investment can be started with just Rs 100. Let us tell you that SIP is a better plan for such people who do not want to invest directly or lump sum in the stock market. The potential for high returns in the long term in SIP is also high.
There are many such mutual fund schemes in the market, which have given annual returns of 15 percent to 25 percent in the last 5 years. According to Value Research, PGIM India Midcap Opportunity Fund, Kotak Smallcap Fund and Mirae Assets Emerging Bluechip are at the top in terms of delivering the best returns.
NPS: NPS is a pension scheme meant for regular income after retirement. This is for everyone, professionals employed in it and lawyers, doctors, chartered accountants, everyone can join. You must be over 18 years of age to join. Anyone from the age of 18 to 70 can join. NPS is important for Social Security after retirement.
There are two types of
accounts There are two types of accounts in NPS. Tier-1 and Tier-2. Investment in NPS requires opening of Tier-1 account, whereas Tier-2 account is voluntary, which can be opened in addition to Tier-1 account. There are certain restrictions on withdrawal, maturity and re-investment on maturity in a Tier-2 account.
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