Since the New Pension Scheme- one of the most popular retirement planning investment vehicles- doesn’t face redemption pressure, fund managers usually buy and hold stocks. The schemes’ conservative nature also leads the portfolios to more large-cap stocks
Allocation to midcap stocks aside, tax benefits under Section 80C and Subsection 80CCD (1B) also make National Pension System attractive
Most of the stocks have been present in the portfolios since their inception