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Pension corpus under PFRDA swells over Rs 6 lakh crore

PFRDA s assets under management cross Rs 6 lakh cr

Pension Fund Regulatory and Development Authority of India further streamlines regulations for eligibility of NPS fund managers

Assets Under Management Under NPS, Atal Pension Yojana cross 6 lakh crore

Assets Under Management Under NPS, Atal Pension Yojana cross 6 lakh crore ANI | Updated: May 26, 2021 21:42 IST New Delhi [India], May 26 (ANI): The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday announced crossing the milestone of Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 years. According to the Finance Ministry, the total number of subscribers under NPS and Atal Pension Yojana has crossed 4.28 crore and the Asset under Management (AUM) has grown to Rs 603,667.02 crore ad of May 21. The AUM growth of last Rs 1 trillion has been achieved in just 7 months, said an official statement.

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