The NPS Vatsalya is the newest government-backed investment scheme centred around minor children. Parents can open an NPS account in the name of minor children to save for their retirement.

Budget NPS scheme: Finance Minister Nirmala Sitharaman unveiled the NPS Vatsalya scheme during the Budget 2024 address, an initiative focusing on cultivating long-term savings habits for minors.

NPS in India offers two choices of investment options to investors: active choice investment and auto choice investment. The ...

Looking for the best NPS fund managers in 2025? Discover the top 3 equity plans offering consistent 5 to 10-year returns to ...

On the day of the launch, NPS Vatsalya received an overwhelming response, as 9,705 minor subscribers have been enrolled under the scheme through various Points of Presence (PoPs) and thee-NPS ...

NPS Corporate Model is for organizations that want to support their workforce with a long-term savings plan for ...

Under NPS Vatsalya, the minimum contribution for the scheme is Rs 1,000 annually and a pension would accrue after 60 years of age. Sitharaman said that the NPS scheme has generated competitive ...