Eligibility
Why Join NPS-Vatsalya?
Gift long-term financial stability to your child
Promotes financial literacy and disciplined savings habit from an early age
Make contribution as low as ₹ 250/- per annum
Relatives and friends can also gift contributions to the account
Enables benefit of compounding due to long-term investment in nature
Enjoy Tax Benefits on investment of up to ₹ 50,000/- under section 80 CCD 1(B)
On turning 18, continue investing till 21 or switch to NPS or Exit with savings
Flexibity in NPS Vatsalya
Before Turning 18
After Turning 18
In unfortunate cases of death
The Investment Pattern by the Pension funds shall be as follows
| Asset class | Indicative Limits |
|---|---|
| Equity & related Investments | Upto 100% |
| Government Securities, Debt Instruments & related investments | Upto 50% |
| Short Term Debt Instruments & Related investments (Money Market) * | Upto 50% |
| Alternate Assets | 0%-5% |
*The money market limit will apply once the scheme corpus exceeds ₹ 5 Crores.
