Planning for a child’s long-term financial security usually focuses on short-to-medium-t...

NPS Vatsalya Scheme: Features, Benefits & Eligibility | Alankit NPS

Planning for a child’s long-term financial security usually focuses on short-to-medium-term goals such as higher education or marriage. Introduced in Budget 2024–25 and governed by the Pension Fund Regulatory and Development Authority (PFRDA), the NPS Vatsalya Scheme extends retirement planning to minors. This unique savings-cum-pension plan allows parents and legal guardians to build a wealth creation foundation for their children from childhood, giving their investment a multi-decade horizon to compound.

Posted : 18.08.2026 | 0 views

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