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ET Now Digital
Updated Oct 13, 2021 | 08:14 IST
PFRDA, NPS subscribers, NPS scheme, Pension Fund
Six changes in National Pension System (NPS) every subscriber should know 

New Delhi: NPS provides multiple investment options-- equity, corporate bonds and government securities--to its subscribers. There are multiple funds managers registered with PFRDA to manage your funds in NPS. Each fund manager or AMC has separate funds for all the above three asset classes. At the time of registering with the NPS scheme, investors are required to choose one fund manager and also exercise their option regarding their preference of asset class. Accordingly, they are allocated units of the funds they select. The maximum exposure that an investor can take in equities is capped at 75%.

Extension of the online exit process to Government sector NPS subscribers
PFRDA recently extended the online and paperless process of exit to the subscribers of the Government Sector as an option in addition to the existing physical mode of exit.

fifa esports battle betting,In a circular dated October 4, 2021, the regulator said, “The online exit would be integrated with Instant Bank Account Verification as per the existing guidelines as part of enhanced due diligence in the interest of Subscribers. The facility would also be available to the employees of Autonomous Bodies of Central/State Government who are covered in NPS.”

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However, in case the corpus is below Rs 5 lakh, the subscriber can withdraw the entire amount.,tennis open nz

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