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NPS returns high, cover widening fast: PFRDA
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Subscribers to the National Pension System (NPS) have got average return of 10-12% over the last 12 years, Pension Fund Regulatory and Development Authority (PFRDA) chairman Supratim Bandyopadhyay on Monday said, adding that equity schemes fetched comparatively higher returns.
“Over a period of 12 years, the returns from equity schemes have been more than 12%, and investments in government securities fetched close to 10%. In corporate bonds, we have seen a CAGR of 9.6%. Fortunately, our pension fund assets were, to a great extent, protected from post-credit events,” Bandyopadhyay said, while speaking at a CII event.
Returns on NPS are far better than from other superannuation funds. For example, one-year return for the government sector
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