News From Press New NPS investment option Balanced Life Cycle Fund to help you build bigger retirement corpus; PFRDA to launch it in July-September

New NPS investment option Balanced Life Cycle Fund to help you build bigger retirement corpus; PFRDA to launch it in July-September

Source: ET Wealth Jun 22, 2024

Soon, the subscribers of the National Pension System (NPS) will have another option to invest in — The Balanced Life Cycle Fund. In this new fund, your investments are split equally between equity and debt until 45. After that, your equity exposure reduces every year.

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