Mumbai, Oct. 9 -- Non-government National Pension System (NPS) subscribers can now allocate up to 100% of their funds in equities within a single NPS scheme, effective 1 October.
Until October 2025, the maximum equity one could have in NPS was 75%. With the launch of new schemes under the Multiple Schemes Framework (MSF), pension managers have been allowed to develop tailored schemes that can allocate up to 100% of assets to equities.
However, NPS Vatsalya, which caters to subscribers under the age of 18, and government employees are not eligible for the new schemes.
While NPS for non-government subscribers has been in existence since 2009, they needed to be at least 18 years of age to start investing. In September 2024, the Pension Fu...
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