Disclosures:
(1) Regulatory Information: National Pension System is regulated by Pension Fund Regulatory and Development Authority (PFRDA).
(2) Your NPS account will be opened through ICICI Prudential. Vijay Kumar Sharma, founder of SetuWealth, will be your POP (Point of Presence) if you register for NPS account with the link or QR code provided on this page.
(3) NPS has restrictions on premature exit. Partial withdrawals allowed only for specific purposes (education, marriage, medical emergency, home purchase) subject to conditions. At maturity, minimum 40% corpus must be used to purchase annuity from a PFRDA-authorized Annuity Service Provider (ASP).
(4) Tax Benefits : Tax deduction up to ₹2,00,000 under Section 80CCD(1B) is subject to overall tax laws and individual tax situation. Tax benefits are subject to change as per government policies. Consult a tax advisor for personalized tax planning.
(5) Charges & Commissions: Account opening charges, fund management charges, and transaction charges apply as per PFRDA guidelines. Details available in ICICI Prudential’s schedule of charges. SetuWealth may receive referral commission from ICICI Prudential for successful account openings.
(6) Investment Risks: NPS investments are market-linked and subject to investment risks. Returns are not guaranteed and depend on market performance. The accumulated corpus and pension amount depend on contributions, investment returns, and annuity rates at retirement.