Saving for retirement is a long-term goal and you need equity to reach there comfortably. Recognizing this, the pension sector this year opened its doors a bit more for equity investments.
For the National Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) increased the equity investment limit from 50% to 75% through a life-cycle fund. This fund follows a pre-determined asset allocation plan based on your age and is meant for those who need help in deciding their asset allocation.