PFRDA releases National Pension System (NPS) data including Atal Pension Yojana (APY) for October 2020

Dated: 18 November, 2020 

  

Pension Fund Regulatory and Development Authority (PFRDA) releases National Pension System (NPS) data including Atal Pension Yojana (APY) for October 2020   

1.         The number of subscribers in various schemes under the National Pension System (NPS) rose to 383.12 lakh by end-October 2020 from 310.80 lakh in October 2019 showing a year- on- year (Y-o-Y) increase of 23.27% (Table-1). 

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

Sector	Number of Subscribers (No. In lakh)			Growth                  (Y-o-Y) in %
	Oct-19	Mar-20	Oct-20
Central Government	20.40	21.02	21.37	4.71
State Government	45.72	47.54	49.27	7.77
Corporate	8.87	9.74	10.57	19.24
Unorganised Sector(All Citizen Model)	10.38	12.52	13.91	33.98
NPS Lite#	43.39	43.32	43.15	-
Atal Pension Yojana (APY)	182.04	211.42	244.86	34.51
Total	310.80	345.55	383.12	23.27

 #Fresh registration under NPS Lite is stopped w.e.f 01^st April, 2015. 

2.         As on 31^st October 2020, total pension assets under management stood at Rs. 5,12,752 crore showing a Y-o-Y growth of 33.79% (Table-2). 

 Table- 2: Total Assets under Management under Nation Pension System 

	AUM  (Rs. In Crore)			Growth   (Y-o-Y)  in %
Sector	Oct-19	Mar-20	Oct-20
Central Government	128257	138,046	165912	29.36
State Government	192886	211,023	259331	34.45
Corporate	37721	41,243	52,897	40.23
Unorganised Sector(All Citizen Model)	11538	12,913	16,844	45.98
NPS Lite	3695	3,728	4,158	12.54
APY	9143	10,526	13,610	48.86
Total	3,83,240	4,17,479	5,12,752	33.79

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

About PFRDA 

Pension Fund Regulatory and Development Authority (PFRDA) is the statutory authority established by an enactment of the Parliament, to regulate, promote and ensure orderly growth of the National Pension System (NPS) and pension schemes to which this Act applies. NPS was initially notified for central government employees recruits wef 1st Jan 2004 and subsequently adopted by almost all State Governments for its employees. NPS was extended to all Indian citizens (resident/non-resident/overseas) voluntarily and to corporates for its employees. 

As on 10^th Oct 2020, the total number of subscribers under NPS and Atal Pension Yojana has crossed 3.76 crores and the Asset under Management (AUM) has grown to Rs 5,05,424 crores.