624.81 lakh National Pension System (NPS) subscribers, with Y-o-Y growth of 22.88%
Total pension assets under management (AUM) at Rs. 8.82 Lakh crore with Y-o-Y growth of 23.45%
The number of subscribers under various schemes under the National Pension System (NPS) rose to 624.81 lakh as at March 4th 2023 from 508.47 Lakh in March 2022 showing a year- on- year (Y-o-Y) increase of 22.88% (Table 1).
Table 1: Number of Subscribers in various schemes under National Pension System and Atal Pension Yojana (in Lakh)
|
5th March 2022 |
31st March 2022 |
04th March 2023 |
Y-o-Y Growth % |
|
|
Central Government |
22.76 |
22.84 |
23.86 |
4.80 |
|
State Government |
55.51 |
55.77 |
60.72 |
9.39 |
|
Corporate |
13.84 |
14.05 |
16.63 |
20.19 |
|
All Citizen Model |
21.51 |
22.92 |
28.40 |
32.02 |
|
NPS Lite* |
41.88 |
41.87 |
41.77 |
-0.25 |
|
APY |
352.97 |
362.77 |
453.42 |
28.46 |
|
Total |
508.47 |
520.21 |
624.81 |
22.88 |
*No fresh Registration permitted w.e.f. 01 April 2015
As on 4th March 2023, total pension assets under management (AUM) stood at Rs. 8.82 Lakh crore showing a Y-o-Y growth of 23.45% (Table 2).
Table 2: Total Assets under Management under Nation Pension System and Atal Pension Yojana (in Rs. Crore)
|
5th March 2022 |
31st March 2022 |
04th March 2023 |
Y-o-Y Growth % |
|
|
Central Government |
2,15,176.58 |
2,18,576.94 |
2,55,207.38 |
18.60 |
|
State Government |
3,58,902.07 |
3,69,426.72 |
4,39,494.10 |
22.46 |
|
Corporate |
85,081.03 |
90,633.28 |
1,14,871.58 |
35.01 |
|
All Citizen Model |
30,221.83 |
32,345.77 |
41,302.53 |
36.66 |
|
NPS Lite* |
4,612.86 |
4,686.74 |
4,877.71 |
5.74 |
|
APY |
20,347.94 |
20,922.58 |
26,113.66 |
28.34 |
|
Total |
7,14,342.31 |
7,36,592.03 |
8,81,866.97 |
23.45 |
For further information on NPS and APY please visit www.pfrda.org.in
CAclubindia
