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IANSLive
New Delhi, March 17 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said its total pension assets under management have crossed the Rs 5.59 lakh crore mark.
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Update: 17-March-2021
Photo Credit: IANS
IANSLive
New Delhi, March 17 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said its total pension assets under management have crossed the Rs 5.59 lakh crore mark.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action.
For news, views and gossips, follow IANS at Twitter.
Update: 17-March-2021
PFRDA s AUM crosses Rs 5.59 lakh crore mark
By IANS |
Published on
Wed, Mar 17 2021 20:51 IST |
3 Views
Rupees.. Image Source: IANS News
New Delhi, March 17 : The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said its total pension assets under management have crossed the Rs 5.59 lakh crore mark.
Subscribers contributions under the National Pension System (NPS) and Atal Pension Yojana (APY) have jointly contributed to this landmark figure. As on 28th February 2021, total pension assets under management stood at Rs 559,594 crore showing a year-on-year (Y-o-Y) growth of 33.09 per cent, the PFRDA said in a statement.
Besides, the number of subscribers under the various schemes of the NPS rose to 414.70 lakh by February-end 2021 from 340.34 lakh during the corresponding period of last year showing YoY increase of 21.85 per cent.
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