Good news for those who invest in NPS, the day you invest, you will get the benefit of NAV

NPS NAV: This system has become better than before for investors as per the new rules. The de-remit money deposited till 11 am will also be invested on the same day and that too according to the applicable Net Asset Value (NAV) on that day.

NPS Rules: If you also invest in NPS, then this news is for you. Yes, the Pension Fund Regulatory and Development Authority (PFRDA) is going to implement the T+0 settlement system for NPS people. This simply means that the NPS contribution received by the trustee bank till 11 am (T) on any settlement day will be invested on the same day. This will give NPS investors the benefit of the same-day Net Asset Value (NAV).

So far, investment was done on the basis of T+1

According to the statement, the investment received by the trustee bank so far is settled on the next day (T+1) investment. This means that the contributions received till one day before are invested the next day. The PFRDA said contributions received up to 9:30 am on any settlement day were already considered for investment on the same day. Now, the contribution amount received till 11 am will also be invested on the same day along with the applicable NAV.

According to the

statement, PFRDA has advised the 'Point of Presence' (POP), Nodal Offices and NPS Trusts for e-NPS to align their NPS operations with the revised timeline. This will benefit the customers in the right way. Earlier, there was a gap of one day in the investment of the deposited money. Because they were invested on the next business day (T+1).

Investing in NPS will be easier and faster than before, now according to the new rule, this system has become better than ever for investors.

Now the de-remit money deposited till 11 am will also be invested on the same day and that too according to the applicable Net Asset Value (NAV) on that day. The Pension Fund Regulatory and Development Authority (PFRDA) has made some changes to the NPS to get benefits sooner. After these changes, the work of investing in NPS will be easier and faster.

Let us tell you that the pension regulator added 9.47 lakh new subscribers from non-government sectors to NPS in the year 2023-24, which increased the investment amount of NPS by 30.5%. It rose to Rs 11.73 lakh crore on an annual basis. As of 31st May 2024, the total base of NPS subscribers is 18 crore. As of 20th June 2024, the total enrolments under the Atal Pension Yojana (APY) crossed 6.62 crore, of which more than 1.2 crore enrolments were made in 2023-24.