National Pension Scheme: 75% of funds to be invested in stocks? See what may be on cards
Notably, government employees contribute about 87 per cent of the Rs 2.3 lakh crore ($35 billion) overseen by the NPS. If a big portion of this heads towards the equity markets, the knock-on effect on the same will be massive and also provide a big boost to sentiment as it will be considered as being endorsed by a fund that is, by default, expected to play very safe with the retirement money of lakhs and lakhs of employees.
The National Pension Scheme (NPS) may well get an added advantage over other investment options if the government agrees to increase the equity proportion for government employees. Image source: PTI