yourmemebro
TF Select
Folks, I was checking my NPS statement and noticed that they charged 1330 rs for Rebalancing of Assets. Can someone please explain me if this normal?
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What is this "Rebalancing of Assets as per Regulatory Requirement" charge in NPS?
- Thread starter yourmemebro
- Start date
- Replies 2
- Views 127
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- Tags
- nps
AlgoTrader
TF Legend
this is new
TheAtma
TF Buzz
There are not charges. This is exactly what is says "rebalancing of assets". Meaning portion of your assets from Scheme E are moved to Scheme C & G to maintain the percentage allocation ratio between E/C/G.
-1330.33, +804.52, +525.81. Total is 0 (no loss no gain).
This happens if your Subscription is Auto Choice: Lifecycle Fund (LC25/LC50/LC75) which has gradually reduction in Equity exposure (Scheme E) as per age of the Subscriber post 35yrs. You will see this "rebalancing of assets" happening every year on your Birth Date.
-1330.33, +804.52, +525.81. Total is 0 (no loss no gain).
This happens if your Subscription is Auto Choice: Lifecycle Fund (LC25/LC50/LC75) which has gradually reduction in Equity exposure (Scheme E) as per age of the Subscriber post 35yrs. You will see this "rebalancing of assets" happening every year on your Birth Date.
