RETURN ANALYSIS OF NATIONAL PENSION SCHEME IN INDIA

Abstract

The Central Government and the Pension Fund Regulatory and Development Authority (PFRDA) are in charge of the National Pension Scheme (NPS) India, a voluntary long-term investment plan for retirement. A government-sponsored pension program is the NPS. Throughout their working lives, participants of the plan are able to make regular contributions to a pension account. A portion of the corpus may be withdrawn in one lump amount by subscribers upon retirement, and the balance may be used to purchase an annuity to ensure a steady income in retirement. The National Pension Scheme is only vaguely known, and few people have shown much interest in it. The performance of the National Pension Scheme funds supplied by different companies is examined in order to determine which funds to invest in in order to increase income. In order to study the performance of the National Pension Scheme in India, this report attempts to do so.