Cherry Cafe

NPS vs SIP: Which is the better investment plan?

3 min read

Saachi has only one new year’s resolution and that is to stop making excuses and start investing. She has been working for three years now and is no longer able to be a part of dinner conversations with her friends because somehow the conversations have shifted from ‘Did you watch that new movie?’ to ‘Did you invest in that mutual fund yet?’ Like her friends, Saachi wants to start taking care of her financial health and while she doesn’t know much about investments, she is ready to take the leap. So, at dinner tonight at her friend Hrishi’s house, she surprises everyone when she blurts, “Guys, NPS or SIP, which is better?”

“I’m sorry, what? Did Saachi just name drop investments?” Hrishi asks, laughing.

Open NPS Account

Investments made in this tier provide you tax benefits under 80 CCD. Remember, you can withdraw only after you turn 60 years old or only in case of qualifying emergencies.

Scroll to Top