A series of favourable budget announcements have revived interest in India's National Pension Scheme (NPS), a "defined contribution" pension plan that invests in a diversified basket of financial assets such as stocks, corporate bonds and government securities. Its chief advantage over existing government-sponsored pension plans is that it allows subscribers to invest in equities (up to 50% of …

Continue reading The National Pension Scheme’s bond funds may be riskier than its equity funds