To register for our Free in-person Financial Literacy Awareness Program (FLAP) in Delhi NCR visit www.varunmalhotra.co.in/classroom1-2 or call 18001231668. Next classroom Awareness Program (FLAP) will be conducted at Epicenter (Auditorium of the Apparel House), Sec. 44, Gurgaon. Date: 9th Feb,2020. Time: 1:30 pm - 5:30 pm. Team Varun Malhotra.
I am a central employee, I want to invest in NPS in LC 50. Will my first deposited investment also come in LC 50 or from here onwards the investment will be made in LC 50 only.
Sir - 1-Future mein fd rates agar increase hue fir bhi annuity increase nahi hogi…lets not only talk about decrease. 2-You will get same pension on first year of retirement and 20th year after retirement. Pension will loose it 75% value after 20 years…
When you invest in NPS, Investor will definitely save 5%, 20%, 30% directly for their respective brackets..So it's directly savings this much amount if you are in higher brackets
Especially now after seeing this pandemic and stock market volatility, I'm happy to go with NPS to have 1. tax free eturns 2. discipline 3. serious about my pension after 60 years :)
Is there a difference in opening NPS through ETMoney vs through a bank/nps portal. What happens if apps like ETMoney are no longer supported in future. This question is for mutual fund also and how to track if an app dies. Kudos to you to bring financial literacy to normal people.
Till date the only person who share wisdom. No sell speach only knowledge sharing. Please teach us on new Tax regime too. It only has NPS exemption now. #Part 5 :)
Honest advice... very few give this type of advice. The moral is don't become greedy... Lead simple life put ur money in such a place which can be easily managed and if any unforeseen happens to u ur family can also manage it without any trouble.
Like ppf returns ,nps returns are now 100% tax free but with mutual funds,after 1L,we have 10% tax on returns..Also with low expense ratio, nps is more attractive now
Main abhi 24 year hun. NPS main lock in feature mast hi. Nifty main sip to chal rahi hi. Par plan har saal change ho jaata hi. Kabi greed Kabi fear. Isse liye NPS LIYA hi .. pls bataye theek kiya ke nahi
As you said that interest rates of FD might reduce, i want to understand then in such scenarios what is the surety that annuity interest rates won’t get reduced ???
@@VarunMalhotraEIFS Thank you Varun Sir, for putting your tremendous efforts and time in explaining NPS in detail. We all are very thankful to you. As you replied, Annuity plans return rates are locked and that's what they are mandated to do. When we will purchase Annuity that time it will fixed and continue throughout the life. We got this. But what Akash is trying to ask is today's FD rate is 8% and in your video you said it can be 5% after 30 years, which is absolutely true. Similarly, the return rate for Annuity we considered at 7.28% as of today, can it also get reduced in 30 years when we will be ready to buy the Annuity ? 2) By any chance, do you know what was the Annuity return rate when NPS was launched ? is it still the same or has it changed ?
@@amarmundankar here sir has taken an example if somebody is retiring now, thing is that annuity rates and fd rates are quite similar, and i will be same in near future as it cannot happen that Fd rates go high in future and annuity rates go low, at the maximum we can assume that they both will remain same, but the point which sir is trying to convey is that when a person have to choose between annuity and fd , at that time opting for annuity is good because it get locked on selection and will provide same return till death , but while taking fd we cannot lock interest or return for future atleast not more than 5 years. FD will be beneficial as compare to annuity only if FD rates would be way higher than annuity rates at the time of selection which is probably not going to happen
video dekhne se pehle comment kar raha hu... Bcoz i know kuch to definitely interesting hoga... When i saw ur video first time from that moment only.. muze stock market kafi unique & interesting laga.. Thanks :)
Varun Malhotra Hi, Pls help to provide video on Liquid fund..like exactly kese work karta hai? Kya hum normal saving a/c Mai deposit kartey hai vesehi deposit Kar saktey hai Kya? &Best 3 liquid fund etc... Thx:)
Varun Sir, Hatsoff for this vedio, am a banker, regarding NPS till yesterday I was confused, But after watching this vedio really thankfull to you. Pls continue your good work and STAY BLESSED ALWAYS SIR.... Subscriber from Kerala....❤
You both have Nps Account ?? Ye biikul bakwas h Marne k bt hi mlega apka pura Paisa nh toh kbi nh mlega...mje b ese hi mil rha h...Iam experience person... Aaplog hawa mey bol rha h...
My query is, we are working out the annuity based on present interest rates what if after 30 years the interest rate in India go to near zero rate like in Japan. Then annuity will be of new use...How to tackle such low interest regime and get a decent pension or annuity. Thanks!
Hi, after watching all the videos it’s very clear about NPS. All my struggles end here after eating your videos. I have one question. I understood that I can open nps account by visiting NSDL web site our via bank. Which is the better way to open the account? If I go via bank then do they charge some commission from my contribution and then send balance amount to NPS?
Hi, it possible to invest only 50k in a year for NPS and get tax benefit under 80CCD1? I don't want to put additional 1.5 lakh in NPS for 80c because I have other tax saving option to show u der 80c.
Dear sir, what category merchant navy persons should select " NRI or Indian citizen"? Please clear the doubts. 1) If i select "NRI" then i have to select other country but i am living in india only. 2) If i select "Indian citizen" then i have NRE account only. Now what should i select for NPS registration??
Thanks a lot Varun jee for educating us . The best part I like is that whatever you teach is without any bias & without mincing any word. Thanks once again & keep it up. God Bless You......
I am an IT employee. Couple of questions here: 1. Can tier 2 NPS be shown as tax investment. 2. What percentage of invested amount should be there for EQUITY, CORPORATE and GOVERMENT for tier 1 and tier 2.
Sir, Kindly consider the revised rates of annuity after 30 years, Surely these will changes with interest rates scenario of country. Rate of annuity depends upon time of buying the product and these are almost replicate rate of bank fds at that time.
Depends on the tax bracket u r falling in. For higher tax bracket, take Max exposure of equity as option in early ages to accumulate wealth with seeing it as compulsory savings with additional benefit of tax saving.
Sir, if a private sector employee wants to retire early suppose at 54 then NPS makes it compulsory to buy annuity of 80% of the corpus. Isn't it a negative point? Shouldn't this change?
we cannot assume anything like you said, NPS scheme is minimum upto 60 years , you cannot withdraw before that except some cases, and if you want to retire at 54 or before 60 you will have to rely on other source of fund.
Pension / retirement is culturally constructed. Mentally We all have to be inclined in gaining productive in our finances. I don’t plan working when I can’t be productive at my 50s. I enjoy being productive and financially enabled.
Yeah I do, my partnership with Charles alen has given me an opportunity to test new rewarding revenue, new earning methods but above all, his services has helped in the transformation of my finances.
At present I am contributing 2000 to nps account tier 1, Can I change my monthly contribution to 5000 from this month? And how to change monthly contribution at nps??
What I don't understand is any person who is having a tax slab of 5 percentage now would be moving on to 30 percentage during 30 years assuming that he doesn't lose his job? The tax slab at the stage of retirement is what is considered ryt? So is it advisable for a person with a 30 percentage tax slab?
महोदय, आपके विडिओ हमारे लिए बहुत ही शिक्षाप्रद, ज्ञानवर्धक और लाभदायक सिद्ध हो रहे हैं । इसके लिए आपका हृदय की गहराइयों से धन्यवाद ।🙏 कृपया अटल पेंशन योजना पर विडिओ बनाएँ और उस (अटल पेंशन योजना) पर हमारा मार्गदर्शन करें ।
I am regular nps investor since last 7 years. Now I am 48. Being balanced risk profile, I have kept Equity as 50%. Xirr is 9.92 overall so far. Do you have suggestions for balance 50% for better returns. Currently its 30 corporate and 20 government bonds.
Varun sir. Thanks for the detail information. So many doubts got cleared. I have few questions. I see still one needs to pay 18% GST for any NPS contribution. So for a contribution of 50K one would pay 9000 annually for GST. Is this calculation factors in that also. Also, what happens if the NPS contributor meets death before the age of retirement which is 60. Will nominee get any benefits? Will nominee be able to withdraw the money immediately or nominee will have to wait for the maturity?
annutiy plan ka interest rate change nahin hoga kya? I think that will also change according to time.. so you reduced the FD rate of money withdrawn from nifty but you took the same rates for annuity scheme.. Seems wrong to me ?
Your explanation always helps Sir. Started investing in index funds after watching your well explained videos. I invest in NPS as well for a long time, as I have the option wherein my employer also contributes 10 percent of basic salary if I invest in it. Thank you.
My employer has selected Kotak as the fund manager for NPS, does it mean that I cannot choose any other fund manager for my own contribution. What if i select a different fund manager at the time of opening a corporate nos account.
Sir, I have an current sip of 2k pm in NPS, I want to increase it to 4k pm, can I update the same sip or need to start parallel sip of 2k, if there any process to modify the existing sip, kind explain the process
@@VarunMalhotraEIFS Plz somebody help ----I resigned from central govt .service 2014..Currently my nps balance is 513455....But last few days ,I am noticing that everyday the amount is increasing by 1-2k(aporox.) ..Now my queation is whether it would be right call to withdraw the amout now or I should wait for further so that tje amount increases as it is increasing now. My second question is how do I know my basic corpus amout & whether it is a fixed amout which is taken into condideration if I opt to withdraw right now or later....
@Varun Malhotra ~ Sir Great video series. Hats off ! I have few doubts. Please answer this. (1) I am a private employee who is 30 year old. If I decided to go abraod after 5 years or so. Can I continue to invest in NPS ? (2) What happens if one of the NPS providers say ICICI becomes bankrupt in these 30 years?
Sir. Please tell me. Agar me NPS me paise regularly Bhar rahi hu aur bich me hi (before age of 60y) accidentally meri death hojaye to is paiso ka (jo ki tabtak msine scheme me jama kiye h) uska mere family ko ( spouse ya nominee) kuch fayda honga. Please reply.
In NPS scheme can we invest irregularly,like first year I invest 1000,second year 3000,third year 1000,fourth year nil . Can I invest lumsum amount once in 2 yrs .
Varunji really appreciate your support. But here you had educated us and confused us on whether we should invest in Annuity or NPS or Index funds. Please help..
You are a masterpiece person. Lot of knowledge, highly applicable, down to earth, helpful, clarity of thoughts, simplicity. Many good wishes and regards.
Precisely. NPS is just a glorified name, its simply a mutual fund. NPS only accumulates money for u it does not give u a pension. The 50k tax benefit is a lollipop. Its making people opt for this scheme without realizing the lock-in period till 60 years.you can invest in other financial products and then buy the same annuity plan from the market.
@@shalabhpradhan529 but in nps,expense ratio is very very low and also like ppf,it is now EEE tax status.i.e no tax on returns...Remaining mutual funds,we need to pay tax after 1L..
Sir, please clarify whether ATAL pension Yojana and NPS are same or different ? And is ATAL pension Yojana eligible for 80ccd (1b ) exemption under CBDT ?
Sir aj k date me jo Rs. 30000 ka value h, utna pension agar retirement k baad 2052 year pe lena h, to kitna annuity ka penstin plan kharidna hoga. Govt employee. Centtal govt.
In case of non-government (private) investor, at the time of withdrawal from tier 2 account, is whole amount withdrawn (principal + ROI) taxable or only ROI? Is taxability is based on individual's applicable tax slab?
Sir kya annuity plan me hamesha yahi amount milega ya rate of interest ki tarah kam ya jayda ho sakta hai. If I am retired after 25 year ago than the annuity amont is same as today ?
As explained Sir, Rates get locked when you take them, obviously the rates shows are today's rates and rates maybe different when you retire but once you buy an Annuity plan at X rate, that rate is locked in. Thank you EIFS Team
Great videos sir,, still one doubt persists please clarify 1-I am a PSB employee,, I don't have a PRAN/NPS A/C,,,. if suppose want to take benefit under 80(CCD1B), I will have to open an NPS A/c and will have to invest mandatorily in Tier-1 only,, Yes or No 2- As I m voluntarily contributing towards NPS and not through my employer so minimum time for completion of the NPS scheme will be at the age of 60 only and not linked with retirement age of PSB job?? YES/NO
Hello sir I completed your FLAP 4 hours program... I don't understand how to invest once in Nifty directly for 30-40 years for retirement ? You tell in video to invest by Mutual fund company by SIP , I want to know for invest once on nifty directly and what is procedure that you not tell in FLAP .
Please watch the videos again sir We do not recommend FLAP students to invest one time or lumpsum Just for knowledge sake, The process is Same as SIP. When you go to the mutual funds website there is an option for one time or SIP option, you can select either. For FLAP students, we don't recommend one time, chances of mistakes are high. Pls stick to SIP only. Thanks EIFS Team
Could you please showcase mathematical calculation between EPS vs NPS ? And suggest which is the most beneficial for annuity income! Thanks in advance :)
I m 64+ incase I start in NPS (Tier1)and contribute 50000/ per annum for 5yrs. Do I too get annuity options which a person who start NPS before 60 years. Kindly respond at the earliest.
Very good series. But I think the FD calculations are not appropriate. As the FD interest rates will keep on falling, making it very bad over long term
To register for our Free in-person Financial Literacy Awareness Program (FLAP) in Delhi NCR visit www.varunmalhotra.co.in/classroom1-2 or call 18001231668.
Next classroom Awareness Program (FLAP) will be conducted at Epicenter (Auditorium of the Apparel House), Sec. 44, Gurgaon.
Date: 9th Feb,2020.
Time: 1:30 pm - 5:30 pm.
Team Varun Malhotra.
Vg che
can u share this calculator excel???
Can you share calculator excel as wanted to check my emplyee offering 10% from my contribution
I am a central employee, I want to invest in NPS in LC 50. Will my first deposited investment also come in LC 50 or from here onwards the investment will be made in LC 50 only.
Sir -
1-Future mein fd rates agar increase hue fir bhi annuity increase nahi hogi…lets not only talk about decrease.
2-You will get same pension on first year of retirement and 20th year after retirement. Pension will loose it 75% value after 20 years…
When you invest in NPS, Investor will definitely save 5%, 20%, 30% directly for their respective brackets..So it's directly savings this much amount if you are in higher brackets
which is best option to open nps account
1) open account through bank
OR
2) direct nps website
???????????????????????????
Especially now after seeing this pandemic and stock market volatility, I'm happy to go with NPS to have 1. tax free eturns 2. discipline 3. serious about my pension after 60 years :)
See inflation part also
Sir kya me new York exchange me invest kar sakta hu kya ?
Was skeptical about NPS.
You explained beautifully....lucky to have found this video ...
Thank you Sir
Is there a difference in opening NPS through ETMoney vs through a bank/nps portal. What happens if apps like ETMoney are no longer supported in future. This question is for mutual fund also and how to track if an app dies. Kudos to you to bring financial literacy to normal people.
Did you get the answer ?
Till date the only person who share wisdom. No sell speach only knowledge sharing. Please teach us on new Tax regime too. It only has NPS exemption now. #Part 5 :)
Great video. There is a probability that LTCG is reduced/scrapped. Nothing beats the nifty investment. Also NIFTY investment ensures liquidity.
Honest advice... very few give this type of advice. The moral is don't become greedy... Lead simple life put ur money in such a place which can be easily managed and if any unforeseen happens to u ur family can also manage it without any trouble.
सर NPS टियर 2 के बारे में बताइये।
Please educate which pension fund schemes are better under NPS and what should be the allocation of funds under E-C-G funds .
Like ppf returns ,nps returns are now 100% tax free but with mutual funds,after 1L,we have 10% tax on returns..Also with low expense ratio, nps is more attractive now
Main abhi 24 year hun. NPS main lock in feature mast hi. Nifty main sip to chal rahi hi. Par plan har saal change ho jaata hi. Kabi greed Kabi fear. Isse liye NPS LIYA hi .. pls bataye theek kiya ke nahi
Sir NPS par latest updates hue ho to uss par please video banake hume update kijiye
Which fund manager or house should be chosen in NPS, with more subscribers or with more AUM
As you said that interest rates of FD might reduce, i want to understand then in such scenarios what is the surety that annuity interest rates won’t get reduced ???
That's what the Annuity plans are mandated to do. Rates are locked in. Thank you
EIFS Team
@@VarunMalhotraEIFS Thank you Varun Sir, for putting your tremendous efforts and time in explaining NPS in detail. We all are very thankful to you. As you replied, Annuity plans return rates are locked and that's what they are mandated to do. When we will purchase Annuity that time it will fixed and continue throughout the life. We got this. But what Akash is trying to ask is today's FD rate is 8% and in your video you said it can be 5% after 30 years, which is absolutely true. Similarly, the return rate for Annuity we considered at 7.28% as of today, can it also get reduced in 30 years when we will be ready to buy the Annuity ? 2) By any chance, do you know what was the Annuity return rate when NPS was launched ? is it still the same or has it changed ?
@@amarmundankar here sir has taken an example if somebody is retiring now, thing is that annuity rates and fd rates are quite similar, and i will be same in near future as it cannot happen that Fd rates go high in future and annuity rates go low, at the maximum we can assume that they both will remain same, but the point which sir is trying to convey is that when a person have to choose between annuity and fd , at that time opting for annuity is good because it get locked on selection and will provide same return till death , but while taking fd we cannot lock interest or return for future atleast not more than 5 years. FD will be beneficial as compare to annuity only if FD rates would be way higher than annuity rates at the time of selection which is probably not going to happen
very beautifully explained thank you varun ji..
please guide for to go with Kfinchtech or NSDL for new opening the account
which is best option to open nps account
1) open account through bank
OR
2) direct nps website
video dekhne se pehle comment kar raha hu... Bcoz i know kuch to definitely interesting hoga...
When i saw ur video first time from that moment only.. muze stock market kafi unique & interesting laga.. Thanks :)
Thank you very much Sir
Varun Malhotra Hi,
Pls help to provide video on Liquid fund..like exactly kese work karta hai? Kya hum normal saving a/c Mai deposit kartey hai vesehi deposit Kar saktey hai Kya? &Best 3 liquid fund etc... Thx:)
Bahut khub, Varunji!
Hope you start another series of EPF, VPF AND ESIC IN detail.
Please stat these above series
Hii sir nps account ke liye sabese acchci bank kuan si hai... Nap account open karne ke liye kunan se bank Mai Jana padres....
*****
I believe during coming years to make nps more attractive,govt will raise withdrawl from 60 to 70 or 80% and 20% can be for annuity
Hopefully.otherwise IT is a waste.
20 percent pe pansion kya mile ga bhayi..... only ek toffy khane bhar
ye pansion plan h to more pansion lo than withdrawal ke
@@garimasingh4763 bevkuf Bante hai log ,logo ko to ye tak nahi pata annuity amount bhi milta hai or wo bhi bahut kam
Varun Sir, Hatsoff for this vedio, am a banker, regarding NPS till yesterday I was confused, But after watching this vedio really thankfull to you. Pls continue your good work and STAY BLESSED ALWAYS SIR.... Subscriber from Kerala....❤
Thank you so much Sir
You both have Nps Account ??
Ye biikul bakwas h Marne k bt hi mlega apka pura Paisa nh toh kbi nh mlega...mje b ese hi mil rha h...Iam experience person...
Aaplog hawa mey bol rha h...
Finally what did you decide bro?
Muze apna EPF account NPS me transfer karna hain kya ye ho sakta hain? Agar ho sakta hain to kaise kare?
My query is, we are working out the annuity based on present interest rates what if after 30 years the interest rate in India go to near zero rate like in Japan. Then annuity will be of new use...How to tackle such low interest regime and get a decent pension or annuity. Thanks!
Why are you calculating ltcg on total corpus ?? Not only on gains ?
Hi, after watching all the videos it’s very clear about NPS. All my struggles end here after eating your videos. I have one question. I understood that I can open nps account by visiting NSDL web site our via bank. Which is the better way to open the account? If I go via bank then do they charge some commission from my contribution and then send balance amount to NPS?
This is the exact comparison or analysis i really wanted to know.
Can I invest only 50k in 80c for nps (remaining 1 lac is already filled with other instruments) and also 50k in 80ccd(1b) for NPS?
Getting error while doing registration on NPS website using "offline e-kyc".
Error: there was an error fetching kyc details.
Please help.
बहुत ही बेहतरीन विश्लेषण ।
Sir please please please post your analysis on Term insurance
Hi, it possible to invest only 50k in a year for NPS and get tax benefit under 80CCD1? I don't want to put additional 1.5 lakh in NPS for 80c because I have other tax saving option to show u der 80c.
Dear sir, what category merchant navy persons should select " NRI or Indian citizen"? Please clear the doubts.
1) If i select "NRI" then i have to select other country but i am living in india only.
2) If i select "Indian citizen" then i have NRE account only.
Now what should i select for NPS registration??
Thanks a lot Varun jee for educating us . The best part I like is that whatever you teach is without any bias & without mincing any word.
Thanks once again & keep it up. God Bless You......
I am an IT employee. Couple of questions here:
1. Can tier 2 NPS be shown as tax investment.
2. What percentage of invested amount should be there for EQUITY, CORPORATE and GOVERMENT for tier 1 and tier 2.
Sir, Kindly consider the revised rates of annuity after 30 years, Surely these will changes with interest rates scenario of country. Rate of annuity depends upon time of buying the product and these are almost replicate rate of bank fds at that time.
Annuity rate after 30 year is about 3percent.cosider inflation also
Great presentation Varun, it's really helpful
For those who are looking for early retirement, do you recommend NPS investment? 25M
Depends on the tax bracket u r falling in. For higher tax bracket, take Max exposure of equity as option in early ages to accumulate wealth with seeing it as compulsory savings with additional benefit of tax saving.
Sir, if a private sector employee wants to retire early suppose at 54 then NPS makes it compulsory to buy annuity of 80% of the corpus. Isn't it a negative point? Shouldn't this change?
Sir make video on volunteer retirement and impact on NPS
Pls make a video on volunteer retirement and its effect on NPS
we cannot assume anything like you said, NPS scheme is minimum upto 60 years , you cannot withdraw before that except some cases, and if you want to retire at 54 or before 60 you will have to rely on other source of fund.
Please suggest if a 40 year old should buy an annuity product
Pension / retirement is culturally constructed. Mentally We all have to be inclined in gaining productive in our finances. I don’t plan working when I can’t be productive at my 50s. I enjoy being productive and financially enabled.
Great choice. Plans for your lifetime
Brilliant words prakash
You already have a back up plan to get you through retirement. Well structured!
Yeah I do, my partnership with Charles alen has given me an opportunity to test new rewarding revenue, new earning methods but above all, his services has helped in the transformation of my finances.
Not everyone gets this chance. Connect with him via +151 8310 7285
At present I am contributing 2000 to nps account tier 1,
Can I change my monthly contribution to 5000 from this month? And how to change monthly contribution at nps??
Sir nps tier 2 k bare me detail me bataye kya ye bhi mutual fund k tarah long turm me acchi amount bana sakte he
Jagdish Kamdi me to same doubt
yes
Very educative Varun Jee. Sadhuwad
Sir ek video old pension system aur NPS ke comparison ka bana dijiye plz
What I don't understand is any person who is having a tax slab of 5 percentage now would be moving on to 30 percentage during 30 years assuming that he doesn't lose his job?
The tax slab at the stage of retirement is what is considered ryt?
So is it advisable for a person with a 30 percentage tax slab?
महोदय, आपके विडिओ हमारे लिए बहुत ही शिक्षाप्रद, ज्ञानवर्धक और लाभदायक सिद्ध हो रहे हैं । इसके लिए आपका हृदय की गहराइयों से धन्यवाद ।🙏
कृपया अटल पेंशन योजना पर विडिओ बनाएँ और उस (अटल पेंशन योजना) पर हमारा मार्गदर्शन करें ।
I am regular nps investor since last 7 years. Now I am 48. Being balanced risk profile, I have kept Equity as 50%. Xirr is 9.92 overall so far. Do you have suggestions for balance 50% for better returns. Currently its 30 corporate and 20 government bonds.
एनपीएस टीयर 2 से निकासी पर केवल बढ़ी हुई राशि पर टैक्स देनदारी बनेगी या मूलधन पर भी ।
For a central government employee of 41 yrs agewhich pfm and scheme will be better? Auto or active, HDFC/SBI, agressive or moderate?
Thank you, Varun ji!
Varun sir. Thanks for the detail information. So many doubts got cleared. I have few questions. I see still one needs to pay 18% GST for any NPS contribution. So for a contribution of 50K one would pay 9000 annually for GST. Is this calculation factors in that also. Also, what happens if the NPS contributor meets death before the age of retirement which is 60. Will nominee get any benefits? Will nominee be able to withdraw the money immediately or nominee will have to wait for the maturity?
annutiy plan ka interest rate change nahin hoga kya? I think that will also change according to time.. so you reduced the FD rate of money withdrawn from nifty but you took the same rates for annuity scheme.. Seems wrong to me ?
Sir Please tell me NPS WHAT THE BEST PFM MANAGEMENT 2021
But ye 13.25% ka return sirf starting ke years me milega ....Bad me ye har year kam ho raha hai.....
Your explanation always helps Sir. Started investing in index funds after watching your well explained videos. I invest in NPS as well for a long time, as I have the option wherein my employer also contributes 10 percent of basic salary if I invest in it. Thank you.
Do you have the option to invest employer contribution in equity or just debt?
My employer has selected Kotak as the fund manager for NPS, does it mean that I cannot choose any other fund manager for my own contribution.
What if i select a different fund manager at the time of opening a corporate nos account.
Sir, Please Make A Comparative Video .... A Comparison On ELSS Vs Nifty
Thanks for making this nice video. Can u plz suggest which one is better between 4th n 5 th opinion showed by you.
Sir kindly make another video regarding elss vs nps
Sir, I have an current sip of 2k pm in NPS, I want to increase it to 4k pm, can I update the same sip or need to start parallel sip of 2k, if there any process to modify the existing sip, kind explain the process
One of the best in providing financial information in a simplest & yet understanding way, thanks and keep up the good work :)
Thank you Sir
@@VarunMalhotraEIFS Plz somebody help ----I resigned from central govt .service 2014..Currently my nps balance is 513455....But last few days ,I am noticing that everyday the amount is increasing by 1-2k(aporox.) ..Now my queation is whether it would be right call to withdraw the amout now or I should wait for further so that tje amount increases as it is increasing now. My second question is how do I know my basic corpus amout & whether it is a fixed amout which is taken into condideration if I opt to withdraw right now or later....
@Varun Malhotra ~ Sir Great video series. Hats off ! I have few doubts. Please answer this.
(1) I am a private employee who is 30 year old. If I decided to go abraod after 5 years or so. Can I continue to invest in NPS ?
(2) What happens if one of the NPS providers say ICICI becomes bankrupt in these 30 years?
1. Yes, you can continue to invest. There is no restrictions for NRI
2. Not sure, but as NSDL is custodian here. It is quite safe
I recently switched my scheme and my fund value reduced by 1 lac. Why this happened.. Itsshowing 0 returns now
Sir will the anuity scheme return percent remain same for next 25 odd years?
Dow Jones industrial 26000 $ something price wala index me buy kar sakta hu kya ?
Sir ji agar 60 k pahale death ho hai to kya hpga
Sir Kuch index fund Ka nam bolia plz
How these tax bracket is consider.. ? M not an investor..but wish to invest..
Sir. Please tell me. Agar me NPS me paise regularly Bhar rahi hu aur bich me hi (before age of 60y) accidentally meri death hojaye to is paiso ka (jo ki tabtak msine scheme me jama kiye h) uska mere family ko ( spouse ya nominee) kuch fayda honga.
Please reply.
Full amount refund to nominee
Sir for 2CR amount If I don't redeemed it directly and use SWP on retirement will that be taxable 10% or as per slab ?
Thanks, Varun. Great content.
What if the person loses the job in between?. No one can guarantee that they will work till 60. Will he be able to withdraw, if he loses the job?
In NPS scheme can we invest irregularly,like first year I invest 1000,second year 3000,third year 1000,fourth year nil .
Can I invest lumsum amount once in 2 yrs .
Varunji really appreciate your support. But here you had educated us and confused us on whether we should invest in Annuity or NPS or Index funds. Please help..
You are a masterpiece person. Lot of knowledge, highly applicable, down to earth, helpful, clarity of thoughts, simplicity. Many good wishes and regards.
sir, Annuity plans can be bought with the corpus that we get from Nifty also. Isn't it?
Precisely. NPS is just a glorified name, its simply a mutual fund. NPS only accumulates money for u it does not give u a pension. The 50k tax benefit is a lollipop. Its making people opt for this scheme without realizing the lock-in period till 60 years.you can invest in other financial products and then buy the same annuity plan from the market.
@@shalabhpradhan529 but in nps,expense ratio is very very low and also like ppf,it is now EEE tax status.i.e no tax on returns...Remaining mutual funds,we need to pay tax after 1L..
@@shalabhpradhan529 Dude tax savings can be substantial for higher tax brackets.
Is there any difference between normal NPS (CRA) and NPS Swavalamban, If you're creating an account now?
Sir, please clarify whether ATAL pension Yojana and NPS are same or different ? And is ATAL pension Yojana eligible for 80ccd (1b ) exemption under CBDT ?
Should we keep on changing NPS PFM every year with equity market?
Hi varun,
Annuity plans can also be brought with money accumulated with nifty index fund...Right??.
Yes,but you have to pay tax for it.
40% of tier 1 account only for annuity. But tier 2 account money can be withdrawn totally. Is this correct?
Yes.. It's type of investment account but good part of tier2 return is good
Sir, In tier I
1. Is annually investment option is available?
2. If monthly, how frequently we are able to change monthly investment amount?
% of annuity varies or is fixed?
Sir aj k date me jo Rs. 30000 ka value h, utna pension agar retirement k baad 2052 year pe lena h, to kitna annuity ka penstin plan kharidna hoga. Govt employee. Centtal govt.
Inflation doubles your money need for anything every 12 years.
Do calculate accordingly.
In case of non-government (private) investor, at the time of withdrawal from tier 2 account, is whole amount withdrawn (principal + ROI) taxable or only ROI? Is taxability is based on individual's applicable tax slab?
Thanks, pl make for current interest rates scenario
Sir kya annuity plan me hamesha yahi amount milega ya rate of interest ki tarah kam ya jayda ho sakta hai. If I am retired after 25 year ago than the annuity amont is same as today ?
As explained Sir, Rates get locked when you take them, obviously the rates shows are today's rates and rates maybe different when you retire but once you buy an Annuity plan at X rate, that rate is locked in.
Thank you
EIFS Team
Great videos sir,, still one doubt persists please clarify
1-I am a PSB employee,, I don't have a PRAN/NPS A/C,,,. if suppose want to take benefit under 80(CCD1B), I will have to open an NPS A/c and will have to invest mandatorily in Tier-1 only,, Yes or No
2- As I m voluntarily contributing towards NPS and not through my employer so minimum time for completion of the NPS scheme will be at the age of 60 only and not linked with retirement age of PSB job?? YES/NO
Hello sir
I completed your FLAP 4 hours program... I don't understand how to invest once in Nifty directly for 30-40 years for retirement ?
You tell in video to invest by Mutual fund company by SIP , I want to know for invest once on nifty directly and what is procedure that you not tell in FLAP .
Please watch the videos again sir
We do not recommend FLAP students to invest one time or lumpsum
Just for knowledge sake, The process is Same as SIP. When you go to the mutual funds website there is an option for one time or SIP option, you can select either.
For FLAP students, we don't recommend one time, chances of mistakes are high. Pls stick to SIP only.
Thanks
EIFS Team
I want to invest only 21000 RS for once on Nifty Index. how can I invest ?
Could you please showcase mathematical calculation between EPS vs NPS ? And suggest which is the most beneficial for annuity income! Thanks in advance :)
Cati cutting bara
I m 64+ incase I start in NPS (Tier1)and contribute 50000/ per annum for 5yrs. Do I too get annuity options which a person who start NPS before 60 years. Kindly respond at the earliest.
Very good series. But I think the FD calculations are not appropriate. As the FD interest rates will keep on falling, making it very bad over long term
If death occurs at 62. What will happen after that..and if some one is dead before 60. Then what will happen
Policy bich me death huwa to phir o paisa kisse milega
nominee
@@VarunMalhotraEIFS thanks