The Pension Fund Regulatory and Development Authority (PFRDA) recently 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.
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The AUM growth of last Rs 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. As on 21st 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 Rs 603,667.02 crore.
