Invest if you want tax benefit and are okay with long lock-in and 40% annuitisation. :
The Pension Fund Regulatory and Development Authority has permitted pension fund managers (PFMs) of the National Pension System (NPS) to charge slightly higher investment management fees. A new slab-wise fee structure which came into force on April 1, can be charged by PFMs to whom fresh certificates of recognition were issued on March 30.