How NPS Vatsalya stands out from other savings products curated for children | Mint

How NPS Vatsalya stands out from other savings products curated for children | Mint

Source: Live Mint The unveiling of NPS Vatsalya, a contributory pension scheme for children, by Union finance minister Nirmala Sitharaman, first announced in her 2024-25 budget speech, marks an important step towards the social security of our citizens.  The National Pension System (NPS) was envisaged in 2004 as a jointly funded contributory pension scheme for…

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NPS Vatsalya Vs MFs Vs SSY: Which one to choose for your child’s future?

NPS Vatsalya Vs MFs Vs SSY: Which one to choose for your child’s future?

Source: Business Standard Saving, Save Money, Economy, Money(Photo: Shutterstock) NPS Vatsalya is a specialized scheme within the National Pension System (NPS) designed specifically for children. Under NPS Vatsalya, parents can begin saving for their child’s retirement even before their kids turn 18.When the child reaches 18, NPS Vatsalya will seamlessly convert into a regular…

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NPS Vatsalya: How  ₹10K annual investment will make your child crorepati. Check here | Mint

NPS Vatsalya: How ₹10K annual investment will make your child crorepati. Check here | Mint

Source: Live Mint NPS Vatsalya is a new initiative within the National Pension System dedicated to securing the financial future of children. Union Finance Minister Nirmala Sitharaman launched the NPS Vatsalya Yojana, which was announced in the July Budget 2024, on Wednesday, September 18. It will be managed under the Pension Fund Regulatory and Development…

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