If you are getting out of National Pension Scheme (NPS) before you are 60 years, you should invest at least 80 per cent of the corpus to purchase an annuity from a life insurance company
If you are getting out of National Pension Scheme (NPS) before you are 60 years, you should invest at least 80 per cent of the corpus to purchase an annuity from a life insurance company. If you are getting out of NPS after you are 60 years, you need to invest a minimum 40 percent of your accumulated savings to purchase a life annuity from a life insurance company.The life insurance companies offer a variety of annuity options and the rate of annuity would depend on your choice of annuity. The insurance companies do not disclose where they invest the money.
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
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