NPS Scheme A: Last Day to Switch Asset Class Before Merger

• Today is the final day for NPS Scheme A (Tier-1) subscribers to switch asset classes.
• PFRDA is merging Scheme A with Schemes C and E to provide a more stable and efficient investment experience.
• Subscribers can switch their wealth from Scheme A into any other asset class without additional cost.
• If no action is taken, Scheme A will automatically merge into Schemes C and E by December 25, 2025.
• The merger aims for diversified portfolios, reduced concentration risk, and enhanced stability for long-term returns.

Why It Matters: NPS Scheme A subscribers must switch asset classes today or face automatic merger into C and E.