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The better option for regular income: NPS or equity savings funds?

We weigh both options to determine which is more cost-efficient and delivers better returns in your retirement

NPS Tier 1 or equity savings funds for retirees?AI-generated image

dhanak हिंदी में भी पढ़ें read-in-hindi

If you're nearing retirement with an NPS (National Pension System) Tier 1 account, you now have more flexibility than ever to withdraw your savings. The recent introduction of systematic lump sum withdrawal (SLW) allows you to redeem up to 60 per cent of your corpus in tax-free phases rather than as a single lump sum.

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