NPS Investment Choices

Aditya Birla Sun Life Pension Fund Management Limited is a pension fund manager (PFM) appointed by PFRDA, for managing pension funds under NPS.  
Any NPS subscriber has flexibility to select among the Fund Managers (PFM).

As for the types of investment, there are 2 options available under the NPS:

Active Choices

Under this option, the subscriber has the flexibility to decide how their pension wealth is to be invested across four asset classes:

Important Considerations:

Auto Choices

LC25 - Conservative Life Cycle fund

The LC25 has a cap of 25% on the total asset allocation in asset class E. The exposure to equity investments reduces gradually as the subscriber grows older.

Asset class distribution at different age for LC25 is as under

Age	Asset Class E	Asset Class C	Asset G
Up to 35 years	25%	45%	30%
36	24%	43%	33%
37	23%	41%	36%
38	22%	41%	36%
39	21%	37%	42%
40	20%	35%	45%
41	19%	33%	48%
42	18%	31%	51%
43	17%	29%	54%
44	16%	27%	57%
45	15%	25%	60%
46	14%	23%	63%
47	13%	21%	66%
48	12%	19%	69%
49	11%	17%	72%
50	10%	15%	75%
51	9%	13%	78%
52	8%	11%	81%
53	7%	9%	84%
54	6%	7%	87%
55	5%	5%	90%

LC50 - Moderate Life Cycle Fund

The LC50 has a cap of 50% on the total asset allocation in asset class E. The exposure to equity investments reduces gradually as the subscriber grows older

Asset class distribution at different age for LC50 is as under

Age	Asset Class E	Asset Class C	Asset G
Up to 35 years	50%	30%	20%
36	48%	29%	23%
37	46%	28%	26%
38	44%	27%	29%
39	42%	26%	32%
40	40%	25%	35%
41	38%	24%	38%
42	36%	23%	41%
43	34%	22%	44%
44	32%	21%	47%
45	30%	20%	50%
46	28%	19%	53%
47	26%	18%	56%
48	24%	17%	59%
49	22%	16%	62%
50	20%	15%	65%
51	18%	14%	68%
52	16%	13%	71%
53	14%	12%	74%
54	12%	11%	77%
55	10%	10%	80%

LC75 - Aggressive Life Cycle Fund

The LC75 has a cap of 75% on the total asset allocation in asset class E. The exposure to equity investments reduces gradually as the subscriber grows older

Asset class distribution at different age for LC75 is as under

Age	Asset Class E	Asset Class C	Asset G
Up to 35 years	75%	10%	15%
36	71%	11%	18%
37	67%	12%	21%
38	63%	13%	24%
39	59%	14%	27%
40	55%	15%	30%
41	51%	16%	33%
42	47%	17%	36%
43	43%	18%	39%
44	39%	19%	42%
45	35%	20%	45%
46	32%	20%	48%
47	29%	20%	51%
48	26%	20%	54%
49	23%	20%	57%
50	20%	20%	60%
51	19%	18%	63%
52	18%	16%	66%
53	17%	14%	69%
54	16%	12%	72%
55	15%	10%	75%

Know more about benefits of NPS