What is the Balanced Life Cycle Fund (BLC)?
Asset class distribution by ageThe Balanced Life Cycle Fund adjusts its asset allocation based on age to help manage risk.
NPS investment options for subscribersCurrently, NPS subscriber have two modes available for investment – Active and Auto.
Auto choice investment under NPSUnder the auto choice investment option, which is also known as the Lifecycle fund, investors have three options available, namely – 1) LC75 – Aggressive Life Cycle Fund, 2) LC50 – Moderate Life Cycle Fund and 3) LC25 – Conservative Life Cycle Fund.
The existing Moderate Life Cycle Fund (LC50) will continue to be the default choice, the PFRDA said.
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