Pension
Over 6.62 cr subscribers under National Pension System and Atal Pension Yojana
New Delhi: The number of subscribers under the National Pension System (NPS) and Atal Pension Yojana (APY) together has grown to more than 6.62 crore and the total Asset Under Management (AUM) has reached Rs 10 lakh crore (Rs. 10,00,000 crore), according to the Ministry of Finance.
The Asset Under Management (AUM) of NPS and APY under the government segment as of 25.08.2023 is Rs 2,40,902.87, under CAB is Rs 42,246.13, State Government- 4,36,071.72; SAB-Rs 63,133.73.
Under the Corporate segment, the AUM stood at Rs 1,35,218.06; All Citizen Model-Rs 47,663.36; NPS Lite-Rs 5,157.12; APY-Rs 30,051.28.
The Pension Fund Regulatory and Development Authority (PFRDA) regularly carries various initiatives to enhance financial education, empowering subscribers to make well-informed decisions and leverage the advantages of the formal financial sector while maintaining a clear understanding of associated risks and trade-offs.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
