Total corpus under pension funds crosses Rs 11 lakh cr: PFRDA Chairman
The Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty announced that the total corpus under the National Pension System and Atal Pension Yojana has surpassed Rs 11 lakh crore. This milestone was achieved on January 10, 2024. The AUM has risen from Rs 10 lakh crore to Rs 11 lakh crore in just 4 months and 18 days. Additionally, the private sector AUM has exceeded Rs 2 lakh crore. The PFRDA is working on a minimum assured pension plan, which could become a reality in the next fiscal year.
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