Switch NPS fund manager only if weak returns persist
In short
NPS investors were told to change a fund manager only if weak returns continue across market cycles. The advice is to first see whether the poor performance is just part of the market cycle.
This matters for pension savers because a quick switch may not be the right move after one bad stretch. The reporting does not name any fund or give performance numbers.
What the reporting says
Investors in NPS were urged to switch fund managers only if underperformance continues across market cycles, rather than reacting to one weak period. The source says to check whether poor returns reflect the market cycle before changing the pension fund manager. The reporting does not name any fund, return figure, or timeline for review, so the immediate decision threshold remains unspecified.
Why it matters
The guidance says NPS investors should consider switching a pension fund manager only if underperformance persists across market cycles. The key point is to distinguish a temporary weak phase from a broader performance problem. No specific fund, score, or cycle length is given, and the reporting does not say who issued the advice or whether any change is already underway.