Thanks for your reply. But I need a banking solution that simplifies my transactions and provides digital tools. So, if I were to consider the HDFC Bank Smart Up Current Account, would it offer any benefits such as free cash deposits or access to mentoring programs?

NPS continues to provide essential tax benefits, particularly under Section 80CCD(1B), which offers further tax deductions, but the new system has lessened its tax-savings advantage.

Mutual funds provide flexibility and the possibility of higher returns, but NPS offers a systematic plan for retirement savings with tax benefits.

Keeping some investments in NPS is worth it if retirement tax-saving is your priority. Otherwise mutual funds offer more returns and liquidity.