If you start at a young age, opening for both APY and NPS will be a wise option. A monthly deposit for API is just a few 100 rupees at an early age and it's a good option for people with minimal money. NPS is suitable for people who can invest a little more and are ready to take risks in the market.How is apy? Anyone get the return???
yeah I have opt for APY and I pay 228 rupees , just to try this and and I will get a guaranteed minimum pension of ₹1,000 per month (actual amount can be more ) upon reaching the age of 60 which is not bad I guess.If you start at a young age, opening for both APY and NPS will be a wise option. A monthly deposit for API is just a few 100 rupees at an early age and it's a good option for people with minimal money. NPS is suitable for people who can invest a little more and are ready to take risks in the market.
I think it Wil not beat the inflation as wellyeah I have opt for APY and I pay 228 rupees , just to try this and and I will get a guaranteed minimum pension of ₹1,000 per month (actual amount can be more ) upon reaching the age of 60 which is not bad I guess.
View attachment 244
I have not invested it to beat the inflation,I have just invested to diversify my portfolio and to try out new schemesI think it Wil not beat the inflation as well
Far better than this is NPSI have not invested it to beat the inflation,I have just invested to diversify my portfolio and to try out new schemes
Great , will invest when I get a permanent job.Far better than this is NPS