National Pension Scheme: By making retirement plans, you can lessen your reliance on your family and their financial burden. When considering investment choices for retirement planning, it is essential to take the National Pension System (NPS) into account for added security. You have the chance to use market-linked returns, which have the potential to be higher than those from other investing options, through this voluntary government pension plan. Based on their 3-year results, we have compiled a list of the top 5 national pension scheme funds to assist you.
LIC Pension Fund Scheme E – Tier II
In this ranking of the top 5 national pension plan funds, the LIC Pension Fund plan E – Tier II operates through the NPS Tier II account and has provided the highest 3-year returns. This pension fund has offered a 22.40 percent return over three years. Its current NAV of Rs. 28.49 indicates a value rise of 14.70% over the previous year. However, compared to the other indicators, its 5-year rate of 14.40% is not as spectacular.
ICICI Prudential Pension Fund Scheme E – Tier II
The NPS Tier II account is used to manage the ICICI Prudential Pension Fund Scheme E – Tier II, which boasts a noteworthy 3-year return of 22.30%. The returns over the past year are at 17.40%. NAV as of the now is Rs 42.75. The 5-year returns were 15.30%, which is greater than the LIC Pension Fund Scheme’s 5-year returns.
LIC Pension Fund Scheme E – Tier I
Similar to the ICICI Prudential Pension Fund Scheme, the LIC Pension Fund Scheme E – Tier I runs through the required NPS Tier I account and has produced a 3-year return of 22.30%. The fund’s return over the past year is 15.40%. The documented 5-year returns are 14.40%, matching the performance of the Tier II fund.
ICICI Prudential Pension Fund Scheme E – Tier I
The required NPS Tier I account is used to make investments by the ICICI Prudential Pension Fund Scheme E – Tier I. Impressive 3-year return of 22.10% for the fund. Its NAV is Rs 53.72, a growth of 16.70% over the past year. Additionally, the 5-year returns are 15.10%.
Kotak Pension Fund Scheme E – Tier I
By making investments through the required NPS Tier I account, the Kotak Pension Fund Scheme E – Tier I operates. It boasts a huge 21.80% three-year return. With a 1-year return of 16.40 percent and a 5-year return of 15.20 percent, its NAV is currently Rs 49.84.