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Home News News and Press Release Month 3 2023 2023 (3) This

624.81 lakh National Pension System (NPS) subscribers, with Y-o-Y growth of 22.88%

10-3-2023
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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

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