NPS assets under management may touch ₹15 lakh crore by end of FY25
Financial Express Kolkata|December 22, 2024
HUGE POTENTIAL IN PENSION INDUSTRY, SAYS PFRDA CHAIRMAN
ANUPREKSHA JAIN

THE ASSETS UNDER MANAGEMENT (AUM) under the National Pension System (NPS) are expected to touch ₹15 lakh crore by the end of the current financial year, registering a growth of 28% from ₹11.72 lakh crore as on March 31 this year, said Deepak Mohanty, chairman, Pension Fund Regulatory and Development Authority (PFRDA), in a media interaction on Saturday.

According to the PFRDA data, AUM of the NPS stood at ₹13.55 lakh crore as on November 30, 2024.

He added that given huge potential in the pension industry, the annual growth in the NPS is expected to be around 30%. "If awareness spreads, there could be further acceleration of people joining the pension system," Mohanty said.

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