Secure Your Retirement with Alphasquare National Pension Scheme (NPS)
The National Pension Scheme is a voluntary, long-term retirement savings scheme initiated by the Government of India to provide pension benefits to Indian citizens. Here’s what you need to know about investing in the National Pension Scheme with us
Retirement Planning
The National Pension Scheme is designed to help individuals plan for their retirement and build a substantial corpus for their post-retirement years. By contributing regularly to the scheme during their working years, investors can secure a steady income stream to support their financial needs during retirement.
Tax Benefits
Investing in the National Pension Scheme offers attractive tax benefits under Section 80CCD of the Income Tax Act. Investors can claim deductions on their contributions to the scheme, up to a specified limit, thereby reducing their taxable income and lowering their tax liabilities.
Flexible Investment Options
The National Pension Scheme offers investors the flexibility to choose their investment options based on their risk appetite and investment preferences. Investors can opt for different asset allocation strategies, including equity, corporate bonds, and government securities, based on their risk tolerance and investment horizon.
Professional Management
The funds under the National Pension Scheme are managed by professional fund managers appointed by Pension Fund Regulatory and Development Authority (PFRDA). These fund managers are responsible for investing the contributions of investors in accordance with the investment guidelines laid down by PFRDA.