National Pension Scheme- NPS 2024 | I will explain practically how to earn 5 crores by investing 5000 every month. Monthly Investment 5000 Thousand Total Corpus 5 Crores How, How is Investment, Where Govt Scheme is “NPS” National Pension Scheme/National Pension System.
What is real NPS? How does it work? Is there any tax benefit? The more we invest, the more return we get. Who can invest in NPS? How to invest once a month once a year?
BACKGROUND | National Pension Scheme- NPS 2024
National Pension Scheme- NPS 2024 | This great retirement scheme is regulated by the PFRDA – Pension Fund Regulatory and Development Authority, so there is no room for fraud. The government is controlling everything, you must be having doubts, this is a retirement scheme, why do we think we are 30 or 40 now, wrong, we should plan for our retirement from now, why are we doing a job now, so money is coming in, everything is good, but after we reach 60 years. How do you do the job then? Can’t do business can’t even do business should be at home then how can you think money?
National Pension Scheme- NPS 2024 | By then, our children will give us money and take care of us. If we don’t take care of them, how many old age homes are already there in our country? If our children do not take care of us, you may ask, how can our children not take care of us, our Jagan anna, our KCR gaaru, our Chandrababu Naidu garu pay their pension every month, will they be there then? After all, since we have to plan for retirement, NPS is a very good investment scheme.
If you are 30 years old then you have 30 years left to reach retirement age, but for these 30 years, we will invest our money in NPS. Do you understand for example you are 30 years old and still have 30 years left to retire which means you have 30 years left from 30 to 60?
BENEFITS OF NPS 2024 | National Pension Scheme- NPS 2024
National Pension Scheme- NPS 2024 | If you keep investing your money in NPS every month for these 30 years, then when you reach 60 years of age, you will get 60 per cent of the corpus of your NPS, the amount of principal and the amount of return you have. They invest only till they reach 60 years and then they don’t need to invest but after reaching 60 years of the corpus, 60% of it will be given to you at one time and the remaining 40% will be given to you in one go. They give it every month like a pension instead of giving it. If we die in the middle, we give all that money to Nominee in the middle.
National Pension Scheme- NPS 2024 | For example, type nps calculator in Google after open here for example suppose your age is 25 but your investment is 5000 per month till you turn 60 for example if you are 25 years old you still have 35 years left to reach 60 but 35 years investment is that much There are no rules it depends on your age but if you enter your age as 30 then you still have 30 years of time left then you have to invest in NPS for 30 years eg I entered 25 years but I have 35 years left Yes, but you have a tenure of 35 years. If you invest 5000 every month for these 35 years, the total investment we make is 21 lakhs. Therefore, the return generated for this 21 lakh is five crores.
If you put it, you will get five crores when you reach 60 years, and if you add the principal and interest, you will get five crores and 62 lakhs. What if you reach 60 years, 60% of the principal and return generated will be given to you at once.
Let’s turn it on, 60 percent of 5 crores 62 lakhs is three crores 37 lakhs which will be given to you at once. With this money, you can buy a house of your choice. is managed and pension is paid to you every month till this money becomes zero you will get it as pension every month.
National Pension Scheme- NPS 2024 | For example, if you invest 10000 per month, the monthly pension you will get is 2 lakhs, and the lump sum amount you will get is 6 crores. For example, your age is 45 years you haven’t planned yet 10000 per month so looking after that the monthly pension is 13000 because you don’t have much time 60 years you have less time so big
National Pension Scheme(NPS) 2024 | As it is not useful for whom it is more useful i.e. those who are old and less it is useful for them.
National Pension Scheme- NPS 2024 | There are some types of NPS for example, Moderate and conservative I have checked Aggressive means investing more money in the stock market Fruit Manager Mutual Funds how it works is also the same if we take moderation then the amount comes down to three crores because if we take moderation then in equity Less money is invested so we get less money if we invest conservatively it is still reduced by two crores because the fund manager invests only less money in equity.
Now where to open this account? You can open this account in every bank such as POP centres, and points of presence centres, similarly, there are some companies that provide this service, for example, Grow, team, you can also open this account on that company’s website, but the best one is SBI, an application when you go to SBI.
National Pension Scheme- NPS 2024 | The form will be given, it will be clear in the application form, ask you to choose an AMC. SBI pension fund is made in this SBI pension fund there is a fund manager that fund manager reinvests our money and then invests elsewhere so we are getting good returns so where does he invest our money among these our money in equity corporate deck government bonds alternative funds Reinvestment is done, this is called SAT Class E, this equity is called Equity i.e. Stock Market, then Corporate Depth is called SST Class C, Government Bonds is called SST Class G, Alternative Funds is called this class.
The fund manager reinvests our money in these and this is how it works. For example, if you go to Union Bank and want to open an NPS account, they will give you an application, you have to fill out the application, as you are told, if you want to open an account, then you must look for an asset management company.
National Pension Scheme- NPS 2024 | Managers will invest their money in different places Asset companies ie SBI, LICUTI, HDFC, ICICI, Kotak Mahendra etc. All these asset management companies check which one is giving good returns eg :Birla, HDFC, ICICI, Kotak, and LIC management company offer good returns. Check what it is doing, if you look at the last three years, which is the highest LIC, last five years, Kotak, look at the past returns, similarly, you should compare and select which company has been giving good returns since the start of these funds.
There are two options in the application, one is active, second is auto active, which means active, we can check whether we should invest more money in equity, otherwise, we should invest in government bonds. Three options will appear this cg.National Pension Scheme- NPS 2024 | This means we can invest a maximum of 75% in equity if your age is less then the more money we invest in equity we get more money.
Corporate If you want to be safe, you can put 100% and put zero zero but no first 75 then 10 then ten then five it is better if you plan in that way there is something else acetic law what is the alternative that is new this is old saying. You can watch it however you like.
National Pension Scheme- NPS 2024 | But if you choose Auto instead of Active then you have three options as mentioned earlier Ag Receive Moderate Conservative if you like it you can check it here if you want Aggressive invests a maximum of 75% in equity Work Manager similarly invests in Moderate 50% in equity Conservative If you look at it, only 25% will be invested in equity and that too based on your age, this is how it works.
TYPES OF NPS 2024 | National Pension Scheme- NPS 2024:
National Pension Scheme- NPS 2024 | NPS is two types i.e one tier 1 and two tiers 2 whatever I have explained so far it is tier one if you go to any bank and open this account we open tier 1 tier 2 is value edition. After opening this account you can also open Tier 2 if you want. If we want to open this account we have to pay a minimum of 500 and similarly, if we do not deposit a minimum of 1000 in the year this story will be cancelled so we have to maintain a minimum of 1000. As already said, we should keep investing in this till we reach 60 years.
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