For a product that was launched for all citizens of India in 2009, the NPS All Citizens model has an AUM of just about Rs 14,000 crore (end-May 2020). This isn’t a large figure compared to the size of many individual mutual fund schemes.
And if you compare it with the overall NPS AUM of Rs 4.3 lakh crore (which is primarily made of government sector employees), it’s clear that NPS still isn’t a popular choice among common people.
NPS has a few features that make people avoid it. But some of those ...
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