A balanced life-cycle fund is in offing for NPS subscribers: PFRDA chief Deepak Mohanty
NEW DELHI:India’s pension fund regulator plans to launch a balanced life-cycle fund for people who want more equity allocation in their portfolio in the September quarter, said Deepak Mohanty, chairperson, Pension Fund Regulatory and Development Authority (PFRDA) on Friday. “The fund will be an additional option in the auto choice where equity allocation can be … Read more