News From Press NPS new rule: Subscribers can now change asset allocation more times a year

NPS new rule: Subscribers can now change asset allocation more times a year

Source: Mint Jun 17, 2022

For the convivence of subscribers, National Pension Scheme or NPS has increased the number of times scheme preference or investment pattern of the Tier 1 accounts can be changed in a financial year. Schemes can now be changed four times in a financial year, as compared to two earlier. But PFM or pension fund manager can be changed once in a financial year.

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