New NPS investment: Save Rs 57 lakh more for retirement with new NPS Balanced Life Cycle Fund this way

The NPS Balanced Life Cycle Fund allows subscribers to invest 50% in equities for up to 45 years, significantly higher than other schemes. This longer equity exposure can potentially yield higher returns over time. Who should opt for the new NPS Balanced Life Cycle Fund? How to use new NPS Balanced Life Cycle Fund to build a bigger retirement corpus