COMPARATIVE ANALYSIS OF NATIONAL PENSION SCHEME WITH SELECTED MUTUAL FUND
Description
National pension scheme is a government approved pension scheme in India for Indian citizen in the age of 18-60 years. national pension scheme is also defined an voluntary contribution system in India. National pension scheme is started in 2004 by pension fund regulatory and development authority . as pension plans provide a financial stability when people do not have an regular source of income during the old age and it also helps in upgrading the living standard of the people’s during the preceding years .While Mutual funds is a part of investment . Which collect the saving of investors and invest them in stock bonds , shares . A portfolio manager or fund manager has taken the decision related to how they invest the money? for this he give a fees which comes from the money in the fund. Various statistical tools are used like Sharpe ratio , standard deviation , beta , mean of the return , application of T test . The main purpose of the study to compare the national pension scheme returns with: Equity diversified mutual funds. Debt mutual funds Balanced mutual funds