ET Wealth reached out to experts to know whether one should consider this scheme and how it compares with other options. Heres what they have to say.

For children’s higher education, which is the top goal for parents, equity mutual funds constitute a better vehicle, say financial advisors. Even amongst government schemes, PPF and Sukanya Samriddhi score over NPS Vatsalya as they make funds available when education funding needs arise.

The NPS Vatsalya scheme enables parents to invest in the name of their children until they reach 18 years of age. The primary goal is to amass a substantial corpus for the children over an extended period.

The NPS Vatsalya program allows parents to make monthly investments starting from as low as Rs1,000, with no upper limit. It is designed to support the government's pledge to ensure overall financial security by providing its members with a secure and dignified financial future.

NPS Vatsalya is a contributory pension scheme for minor subscribers that enables parents or guardians to create a retirement corpus on behalf of their children. The NPS Vatsalya scheme is regulated and administered by the Pension Fund Regulatory and Development Authority (PFRDA),

Finance Minister Nirmala Sitharaman unveiled the NPS Vatsalya scheme which is designed to help parents to save for their children’s futures through a pension account on September 18, 2024. NPS Vatsalya Scheme for Children’s Pension Savings This initiative enables the parents to invest in a pension scheme that would be tailored as per their minor

Explore the Mission Vatsalya Scheme, a child pension initiative by FM Nirmala Sitaraman focused on ensuring financial stability for children from disadvantaged backgrounds.

The NPS Vatsalya scheme allows parents to contribute as little as ₹1,000 annually in the child's name, making it accessible for families from all backgrounds

Parents have the option to utilize NPS Vatsalya to establish savings for their children's future by opening a pension account and taking advantage of the power of compounding for long-term wealth. NPS Vatsalya offers flexible contribution and investment options,

The scheme, overseen by the Pension Fund Regulatory and Development Authority (PFRDA), is part of the National Pension System (NPS) and aims to help parents and guardians begin retirement savings for

In a significant move to secure the financial future of young children in India, the government has launched the NPS Vatsalya pension scheme, which offers flexible contributions and investment options for parents or guardians.