Ministry of Finance
azadi ka amrit mahotsav

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%

Posted On: 10 MAR 2023 1:02PM by PIB Delhi

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

****

PPG/KMN



(Release ID: 1905533) Visitor Counter : 3592


Read this release in: Urdu , Hindi , Punjabi , Tamil , Telugu