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TMI BlogAssets Under Management under Pension Fund Regulatory and Development Authority cross ₹ 6 trillionX X X X Extracts X X X X X X X X Extracts X X X X ..... Assets Under Management under Pension Fund Regulatory and Development Authority cross ₹ 6 trillion - News and Press Release Dated:- 26-5-2021 - News - Assets Under Management under Pension Fund Regulatory and Development Authority cross ₹ 6 trillion NPS and APY subscribers contribution builds up ₹ 6 trillion of pension assets 8,791 corporate enrolments with 11.53 lakh s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ubscribers under NPS till 21st May 2021 2.82 crore subscribers enrolled under Atal Pension Yojana The Pension Fund Regulatory and Development Authority (PFRDA) here today announced crossing the milestone of ₹ 6 lakh crore (₹ 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 years. The AUM growth of last ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 1 trillion has been achieved in just 7 months. PFRDA has witnessed remarkable growth in NPS subscribers over the years with 74.10 lakh government employees in the scheme and 28.37 lakh individuals joining from the non-government sector. The total subscriber base of PFRDA has increased to 4.28 crore. Shri Supratim Bandyopadhyay, Chairman, Pension Fund Regulatory and Development Aut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hority (PFRDA), said, We feel immensely gratified at reaching this milestone of ₹ 6 trillion AUM, and in less than seven months as we were at ₹ 5 trillion in October 2020. The achievement shows the faith subscribers have in NPS and PFRDA. A growing realisation during this pandemic is the priority accorded by individuals to retirement planning, for preserving their financial well being ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . As on 21 st May 2021, 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 ₹ 603,667.02 crore. About PFRDA Pension Fund Regulatory and Development Authority (PFRDA) is the statutory authority established by an enactment of the Parliament, to regulate, promote and ensure orderly growth of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e National Pension System (NPS) and pension schemes to which this Act applies. NPS was initially notified for central government employees recruits w.e.f. 1 st January 2004 and subsequently adopted by almost all State Governments for its employees. NPS was extended to all Indian citizens (resident/non-resident/overseas) on a voluntary basis and to corporates for its employees. - News - Press r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elease - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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