Spread your NPS corpus across fund managers; Opt for multiple funds for higher returns

THE Pension Fund Regulatory and Development Authority (PFRDA) has allowed investors of National Pension System (NPS) to select multiple pension funds for the various asset classes. So investors must review the performance of the funds at the beginning of the year and spread the corpus across three top-performing pension fund managers to earn higher long-term returns. Unlike mutual funds, there is no tax implication of switching from one fund to another for investing in equity, corporate bonds or government securities.

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