What is the difference between NPS or any pension plan and Mutual Fund SIP ?? Even in NPS also, we have to purchase annuity for minimum 40% of the matured value. the same can be done with Mutual Fund SIP maturity amount also.
then if buying the annuity at the end of accumulation is the essence of pension plans, what is the difference during accumulation period between NPS and MF SIPs???/
Any body, please throw some light on this topic….