National Pension System (NPS)
Secure Your Retirement
What Is the National Pension System (NPS)?
National Pension System (NPS) is an investment cum pension plan launched by the Indian Government. This scheme is regulated and administered by the Pension Fund Regulatory and Development Authority(PFRDA). It is specifically launched by the Government of India to offer financial security to Indian senior citizens. NPS scheme provides impressive long-term savings options so that an individual can plan his/her retirement time efficiently by investing in this safe market-based plan.
Top Benefits of NPS
- Long-Term Wealth Growth : With disciplined contributions and market exposure, NPS offers superior long-term returns compared to traditional saving schemes.
- Tax-Efficient Savings : Multiple tax deductions help enhance your net returns
- Expert Fund Management: Your investments are managed by approved PFMs with full transparency.
- Portability & Flexibility: Continue your NPS contributions even if you change jobs or locations.
Types of NPS Accounts
Contribute Regular
Invest in Tier 1 and Tire 2
Choose your funds
Select your Investment max
Get Pension Benefits
Enjoy & Steady Retirnment income
Who are PFMs?
At present, there are seven Pension Fund Managers in the country: Aditya Birla Sun Life Pension Management Limited. HDFC Pension Management Company Limited. UTI Retirement Solutions Limited. SBI Pension Funds Private Limited. ICICI Prudential Pension Funds Management Company Limited. Kotak Mahindra Pension Fund Limited. LIC Pension Fund. SBI Pension Fund, LIC Pension Fund, and UTI Retirement Solutions are the only fund managers who manage pension contributions of government employees under NPS.
What is a PRAN?
PRAN (Permanent Retirement Account Number) is the unique and portable number provided to each subscriber under NPS and remains the same throughout. On successful registration, a PRAN will be allotted to the subscriber. It is a 12 digit number.
Who can join NPS?
Any citizen of India, whether resident or non-resident can join NPS, subject to the following conditions: a) Individuals who are aged between 18-70 years as on the date of submission of his/her application to the POP/POP-SP. b)The citizens either as individuals or as employee-employer groups corporates subject to submission of all required information and Know your customer(KYC) documentation.
Why Choose NPS with Novasure?
Strong Retirement Security
Tax Saving
Market-Linked Growth
Flexible Investment
- Equity (E)
Equity market instruments
- Government Securities
Central & State government bonds
- Corporate Bonds
Corporate debt securities
- Alternate Investment Funds
REITs, InvITs, AIFs (limited exposure)
- Active Choice
Investors decide how their money is allocated across asset classes (E, C, G, A) based on risk appetite and goals.
- Auto Choice (Life Cycle Funds)
Aggressive (LC75) – Higher equity exposure
Moderate (LC50) – Balanced allocation
Conservative (LC25) – Lower equity exposure
- Open Your NPS Account
Fill out a simple application with Novasure.
- Choose Your Investment Strategy
Pick Active or Auto choice based on your goals.
- Start Contributing
Set regular contributions that fit your financial plan.
- Monitor & Adjust
Track your NPS performance and adjust allocations as needed.
Who Should Invest in NPS?
- Young professionals planning for retirement
- Self-employed individuals seeking disciplined long-term savings
- Salaried employees wanting additional tax relief and wealth growth
- Anyone focused on building a secure financial future
