Investors are getting rich by investing money in Pension Fund

Have you invested in National Pension System (NPS)? If yes, then you will be surprised to know the benefits. Because your amount has increased by more than 60%. That is, if someone had invested 1 lakh rupees 1 year ago, then there has been a tremendous return in the amount invested in equity funds under NPS. According to the report of NPSTrust, 7 companies invest the amount of NPS in equity under Scheme-E tier-1. Out of these, 5 Asset Management Companies gave more than 60 percent returns till 31 May 2001.

According to the information given on npstrust.org.in, the returns of LIC Pension Fund, UTI Retirement Solution Fund, ICICI Pension Fund, Kotak Pension Fund and HDFC Pension Fund have been more than 60 percent in one year.

HDFC Pension Fund

In the last 1 year, HDFC Pension Fund has given 63.08 percent return in Scheme E Tier-1 and 62.85% in Scheme E Tier-2. The CAGR of this fund in the last 5 years has been 15.36% and 15.41% in Tier 1 and Tier 2 schemes.

UTI Retirement Solution Fund

UTI Retirement Solution Fund has given 64.28 percent return in Scheme E Tier-1 while 65.9 percent in Scheme E Tier-2 in one year. If we look at the CAGR of the last 5 years, its returns in Tier-1 and Tier-2 schemes have been 14.04 percent and 14.35 percent.

LIC Pension Fund

Till 31st May 2021, LIC Pension Fund has given 65.16 percent return in Scheme E Tier-1 and 65.59% in Scheme E Tier-2. The CAGR of this fund in the last 5 years has been 12.78% and 12.76% in Tier 1 and Tier 2 schemes.

Kotak Pension Fund

Kotak Pension Fund has given 60.98 percent return in Scheme E Tier-1 while 60.11 percent in Scheme E Tier-2 in one year. If we look at the CAGR of the last 5 years, its returns in Tier-1 and Tier-2 schemes have been 13.96 percent and 13.82 percent.

ICICI Pension Fund

ICICI Pension Fund has given 65.08 percent return in Scheme E Tier-1 while 65.02 percent in Scheme E Tier-2 in one year. If we look at the CAGR of the last 5 years, its returns in Tier-1 and Tier-2 schemes have been 13.90 percent and 13.99 percent.