Pension Fund Regulatory and Development Authority (PFRDA) is the statutory authority established by an enactment of Parliament, to regulate, promote and ensure orderly growth of the National Pension System (NPS) and pension schemes.
The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday announced crossing the milestone of Rs 6 lakh crore of Assets Under Management (AUM) under the National Pension System (NPS) and the Atal Pension Yojana (APY), after 13 .
Pension Regulator PFRDA s Asset Under Management Crosses Rs 6 Lakh Crore Mark swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
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.