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    <title>NPS Vatsalya: A Groundbreaking Pension Scheme for Minors</title>
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    <description>The scheme establishes guardian-operated accounts in the minor&#039;s name with required identity and address documentation and PAN/Form 60, accepted through registered PoPs or eNPS. It mandates a minimum opening and periodic contribution with no upper limit, permits selection among Default, Auto Choice lifecycle funds and an Active Choice with specified asset allocation caps, and provides automatic conversion to the NPS Tier-I All Citizen model when the minor reaches eighteen, requiring a fresh KYC within a short specified period after attaining majority.</description>
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    <pubDate>Fri, 20 Sep 2024 14:28:35 +0530</pubDate>
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