More than 33,000 subscribers till July-end opted for the aggressive life-cycle policy, where the equity investment proportion is capped at 75% upto the age of 35 years. Photo: AFPMumbai: A large number of National Pension System (NPS) subscribers are opting for greater equity holdings in the hope of earning higher returns. There are three asset classes -- E, C and G -- under which subscribers have the option of investing their money in NPS. Asset class E pertains to equity for which the ceiling was fixed at 50%, prior to the launch of the aggressive fund. Class G invests in government securities and class C in investments other than government securities such as corporate bonds.

Source: Mint August 11, 2017 09:11 UTC