nps main nivesh ke interactions | NPS investment benefits: Investing in NPS will make you rich, got more than 60% return in 1 year
Benefits of Investing in NPS (Photo – istock)
- There has been a tremendous jump in the stock market in the last one year.
- Equity funds under NPS gave investors more than expected returns.
- Five pension funds have given more than 60 per cent profit in a single year.
Equity funds under the National Pension System (NPS) have given tremendous returns in the last one year due to the ongoing rally in the stock market. Out of the seven asset management companies that manage the fund under Scheme-E Tier-1 Fund, five have managed to deliver more than 60% returns in the last one year as on May 31, 2021. As per the data available on the official website of NPS Trust, npstrust.org.in, LIC Pension Fund, UTI Retirement Solution Fund, ICICI Pension Fund, Kotak Pension Fund and HDFC Pension Fund have managed to earn more than 60% returns in the last 1 year. Has attained. View details here.
LIC Pension Fund
As per the return chart of different NPS schemes, LIC Pension Fund has given 65.16% return in E Tier-1 scheme, while NPS scheme in E Tier-2 scheme has given 65.59% return at the end of 1 year. The last 5 years CAGR of this fund in Tier-1 and Tier-2 schemes was 12.78% and 12.76% respectively.
HDFC Pension Fund
In the last one year, HDFC Pension Fund has given 63.08% return in Scheme E Tier-1 and 62.85% in E Tier-2 Scheme. The last 5 years CAGR of this fund in Tier-1 and Tier-2 schemes were 15.36% and 15.41% respectively.
ICICI Pension Fund
In the last 1 year till May 2021, ICICI Pension Fund has given an impressive return of 65.08% in E Tier-1 Scheme while NPS Scheme has given 65.02% in E Tier-2 Scheme. The fund has given an annualized return of 13.90% in Tier-1 and 13.99% in Tier-2 schemes in the last 5 years.
UTI Retirement Solution Fund
UTI Retirement Solution Fund under NPS Scheme has given 64.28% return in E Tier-1 Scheme while UTI Scheme has given 65.90% return in Scheme E Tier-2. The last 5 years CAGR of this fund in Tier-1 and Tier-2 schemes was 14.04% and 14.35% respectively.
Kotak Pension Fund
Kotak Pension Fund has given a profit of 60.98% in E Tier-1 Scheme and 60.11% in the last 1 year in E Tier-2 Scheme. In the last 5 years, the fund has given an annualized return of 13.96% in Tier-1 and 13.82% in Tier-2 schemes.
In comparison, the returns of the scheme benchmark were 65.20% and 15.06% respectively in the past one year and 5 year time frames. It is worth noting here that even in the case of mutual funds, most of the schemes have given less returns than their benchmark over a period of 1 year.
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