Over 520 lakh subscribers under NPS showed YOY increase of more than 22% as of March 2022

Last updated: 08 April 2022

Quick Summary
The National Pension System (NPS) experienced significant growth by March 2022, with the number of subscribers increasing by over 22% year-on-year to reach 520.21 lakh. Alongside this subscriber surge, the total pension assets under management grew by more than 27%, reaching an impressive Rs 7.36 lakh crore.

Over 520 lakh subscribers under various Schemes of National Pension System as of March 2022, showing year-on-year increase of more than 22%

Total pension assets stood at Rs 7.36 lakh crore under management of Atal Pension Yojana (APY), showing year-on-year growth of more than 27%

The number of subscribers in various schemes under the National Pension System (NPS) rose to 520.21 lakh by end-March 2022 from 424.40 lakh in March 2021 showing a year- on- year (Y-o-Y) increase of 22.58% (Table No- 1)
NPS Subscribers Surge Over 22 to 520 Lakh by March 2022

Table-1: Number of Subscribers in various schemes under National Pension System and Atal Pension Yojana

(No. in Lakh)

S.N.

Sector

Mar-20

Mar-21

Mar-22

Growth % YOY

1

Central Government

21.02

21.76

22.84

4.96

2

State Government

47.54

51.41

55.77

8.48

3

Corporate Sector

9.73

11.25

14.04

24.80

4

All Citizen Sector

12.52

16.47

22.92

39.16

5

NPS Lite*

43.32

43.02

41.87

-

6

Atal Pension Yojana

211.42

280.49

362.77

29.33

Grand Total

345.55

424.40

520.21

22.58

*No fresh Registration permitted w.e.f. 01st April 2015

As on 31st March 2022, total pension assets under management stood at Rs. 7,36,592 crore showing a Y-o-Y growth of 27.43% (Table No. 2).

Table- 2: Total Assets under Management under Nation Pension System and Atal Pension Yojana

(Rs. In Crore)

S.N.

Sector

Mar-20

Mar-21

Mar-22

Growth % YOY

1

Central Government

1,38,046

1,81,788

2,18,577

20.24

2

State Government

2,11,023

2,91,381

369,427

26.78

3

Corporate Sector

41,243

62,609

90,633

44.76

4

All Citizen Sector

12,913

22,206

32,346

45.66

5

NPS Lite

3,728

4,354

4,687

7.65

6

Atal Pension Yojana

10,526

15,687

20,922

33.37

Grand Total

4,17,479

5,78,025

7,36,592

27.43

For further information on NPS and APY please visit www.pfrda.org.in

FAQ :

By the end of March 2022, the National Pension System had 520.21 lakh subscribers.

The number of NPS subscribers showed a year-on-year increase of 22.58% as of March 2022.

As of March 31, 2022, the total pension assets under management stood at Rs 7,36,592 crore.

The total pension assets under management experienced a year-on-year growth of 27.43%.

The 'All Citizen Sector' saw the highest year-on-year subscriber growth at 39.16%.

For further information on NPS and APY, you can visit www.pfrda.org.in.



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