On opening a National Pension System (NPS) account, the Tier I account gets opened mandatorily. The amount you put into NPS goes into this Tier 1 account as per the allocation decided by you among the various fund options. You can diversify across equity and debt fund options in NPS and the NPS returns will depend on the performance of these fund options.
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
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