Aided by sturdy present within the personal sector, the general Nationwide Pension System (NPS) belongings grew almost 30 per cent year-on-year, as of August 31, to the touch ₹13.06 lakh crore, newest PFRDA (Pension Fund Regulatory and Improvement Authority) information confirmed. Personal sector belongings (non-government sector) grew a sturdy 41.68 per cent year-on-year foundation to … Read more
Bullish fairness markets have helped pension funds file a scorching common annual return of 34.27 p.c as of March 1, surpassing company bonds by over fourfold, and outperforming authorities securities and State authorities schemes, newest PFRDA information confirmed. Over the previous three years, pension funds achieved a mean return of 17.7 p.c in equities, with … Read more
MUMBAI Pension schemes beneath the Nationwide Pension System (NPS) and Atal Pension Yojana (APY) added 97 lakh new subscribers in 2023, taking the entire subscriber base to 7.03 crore as of December 31, 2023, in line with Pension Fund Regulatory and Growth Authority (PFRDA) Chairman Deepak Mohanty. The variety of subscribers had been up 16 … Read more