An analytical comparative Study of Tire -1 of National Pension Scheme as investment perspective (Government securities, Equities and Corporate Bonds)
Author(s):
Manoj Patel, Dr. Sameer Gopalan , Dr. Jaykumar Joshi
Keywords:
NPS, Tire-I, Public Sector, Security, pension Funds
Abstract
India has the second largest population in the world. The working population of the world in India is also the second largest. The only old age security available in India is for people working in the Central or State Government enterprises or Public Sector. Once these sectors were the biggest employers in the country, therefore covering a vast portion of the working population. The present research concern about NPS Tire-I with respect to the various investment opportunities. The general result found that from the selected most of the pension fund performed very well under the NPS area. India does not have a comprehensive old age income security system. There are however, some mandatory schemes for employees of State and Central governments, employees of public sector banks, employees in firms with a staff of 20 or more and some others.
Article Details
Unique Paper ID: 157990
Publication Volume & Issue: Volume 9, Issue 8
Page(s): 386 - 389
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