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.
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