NPS calculator — your retirement corpus at 60.
National Pension System project your Tier-1 corpus at age 60. 60% lump-sum exit is tax-free (Budget 2019). 40% mandatory annuity gives a monthly pension, taxed at slab. NPS is the only 80C cousin that gives you an EXTRA ₹50k deduction under 80CCD(1B) — the biggest tax hack available to Indian salaried workers.
Your NPS inputs
Returns: NPS equity (E) historically 11-12%, corporate debt (C) 8-9%, G-Sec (G) 7-8%. Default 10% assumes a 50:50 E:C blend, which NPS Aggressive Life Cycle broadly follows at younger ages.
Based on 40% annuity corpus × 6% annual annuity rate ÷ 12. Annuity pension is taxable at slab rate in the year of receipt.
Tax deductions — the NPS edge
- • Sec 80CCD(1) — employee contribution within the ₹1.5L 80C limit.
- • Sec 80CCD(1B) — extra ₹50k exclusive to NPS, on top of 80C. Old regime only.
- • Sec 80CCD(2) — employer contribution up to 10% of basic+DA, outside 80C. Available under BOTH regimes.
- • 60% lump-sum at exit — tax-free (Budget 2019).
Tax deductions — why NPS is the best 80C-adjacent option
- Sec 80CCD(1) — within ₹1.5L 80C
- Employee contribution up to 10% of salary. Counts inside the shared ₹1.5L 80C limit with PPF/ELSS.
- Sec 80CCD(1B) — extra ₹50k, NPS-only
- Additional ₹50,000 deduction ON TOP of the ₹1.5L 80C limit. Only NPS gets this — no other instrument does. Old regime only.
- Sec 80CCD(2) — employer match
- Employer contribution up to 10% of (basic + DA) — 14% for government employees. Available under BOTH old AND new regimes. This is why corporate NPS is almost always worth enrolling for.
The fund choice — E, C, G, A
- • E (Equity) — up to 75% in NIFTY 50 / NIFTY Next 50. Historical CAGR ~11-12%.
- • C (Corporate debt) — AA+ rated bonds. ~8-9%.
- • G (Government securities) — G-Secs. ~7-8%.
- • A (Alternative) — up to 5% in REITs / InvITs. Low-allocation satellite only.
Default choice is "Auto — Aggressive Life Cycle" which starts at 75% E, glides down with age to 35% E by 55. Choose "Active" to override — most savvy subscribers stay 75% E until ~50.
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Research tool · not investment advice.
Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. NPS returns vary by fund choice + allocation. 10% default assumes a 50:50 E:C blend. Past returns aren't guarantees. Pension amount depends on annuity rates at time of retirement, not today's rates.