New Pension System : Assets Under Managements (AUM) under New Pension Scheme (NPS) as on 29.07.2011
This information was given by the Minister of Finance, in a written reply to a question in Lok Sabha. As per the Government Resolution dated 14.11.2008, PFRDA has been given supervisory and regulatory powers to supervise and regulate the intermediaries under NPS. The NPS trust has been constituted for taking care of the assets and funds under the NPS in the interest of the beneficiaries (NPS subscribers).
Pension Fund Regulatory and Development Authority (PFRDA) has reported that the Assets Under Managements (AUM) under New Pension Scheme (NPS) as on 29.07.2011 is Rs.10,315.92 crore.