The power of choice, discover the Multiple Scheme Framework (MSF) in NPS
Ever wished your investments could be as personalized as your needs? Now they can. With the Multiple Scheme Framework (MSF) in NPS , your retirement plan finally sounds like you. The National Pension Scheme (NPS) has always been a smart, reliable way to build your retirement savings. But with the launch of MSF on October 1, 2025, it’s stepped into a new era - one that’s flexible, customizable, and built for your goals, not someone else’s. What is the Multiple Scheme Framework for NPS? Think of the MSF as your own personal control panel for long-term investment/retirement. Earlier, NPS subscribers could only invest in a single scheme per tier. Now, under the Multiple Scheme Framework, you can manage multiple pension schemes with a unique identifier, i.e., PAN (Permanent Account Number). Here’s what that means: You’re no longer limited to one Pension Fund Manager (PFM). You can distribute your money across multiple fund managers - each with a unique investment approach. ...