New Delhi, April 28 -- For many first-time investors, the question isn't whether to invest-it's how much. In Episode 5 of "NPS Made Simple", Subhasis Ghosh, CEO of Kotak Mahindra Pension Fund, sits down with Mint to break down the NPS contribution strategy: from the minimum required to the ideal asset allocation based on your risk appetite and life stage.

Using the scenario of 30-year-old Meena, who wants to start saving for retirement but doesn't know how much to contribute or what returns to expect, the episode demystifies some of the most commonly asked questions around NPS investing.

Q: What is the minimum and maximum one can contribute to NPS?The minimum annual contribution is just Rs.1,000. That's it. There's no upper limit-you ca...