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      Question

      Under NPS, what is the maximum percentage contribution

      value for Alternative Investment Funds as an asset class?
      A 5% Correct Answer Incorrect Answer
      B 10% Correct Answer Incorrect Answer
      C 20% Correct Answer Incorrect Answer
      D 25% Correct Answer Incorrect Answer
      E 30% Correct Answer Incorrect Answer

      Solution

      There are four asset classes from which the allocation is to be specified under a single PFM  

      1. 1. Asset Class E – Equity and related instruments  
      1. 2. Asset Class C – Corporate debt and related instruments  
      1. 3. Asset Class G – Government Bonds and related instruments  
      1. 4. Asset Class A - Alternative Investment Funds including instruments like CMBS, MBS, REITS, AIFs, Invlts , etc .  
      While choosing the asset class, subscribers must note that  
      1. 1. Percentage contribution value cannot exceed 5% for Alternative Investment Funds  
      1. 2. The total allocation across E, C, G and A asset classes must be equal to 100%.  
      1. 3. For Tier-II, you can allocate 100% to Equity.  
      1. 4. For Tier-I, you can allocate 75% to Equity.  

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