It is envisaged that NPS Vatsalya scheme will inculcate the habit of savings among young subscribers and large wealth can be ...

The scheme, overseen by the Pension Fund Regulatory and Development Authority (PFRDA), is part of the National Pension System ...

NPS Vatsalya, a new scheme for children's retirement savings, saw over 9,700 minors enrolled on launch day. Parents can start ...

NPS Vatsalya is a contributory pension scheme regulated and administered by the PFRDA for all minor Indian citizens. Just ...

The NPS Vatsalya scheme is a government initiative, just like the National Pension Scheme, designed to encourage long-term ...

In a significant move to secure the financial future of young children in India, the government has launched the NPS Vatsalya ...

Parents have the option to utilize NPS Vatsalya to establish savings for their children's future by opening a pension account ...

Upon turning 18, child's account will be converted into a standard NPS account, subject to the submission of the necessary ...

For children’s higher education, which is the top goal for parents, equity mutual funds constitute a better vehicle, say ...

NPS Vatsalya, which is similar to the National Pension System, and equity MFs, or children mutual funds, are important tools ...

Under the NPS Vatsalya Scheme, parents or legal guardians can open accounts for children up to 18 years of age.

About 9,700 minor subscribers have been enrolled under NPS Vatsalya on the day of the launch of the scheme earlier this week.