Latest News | Subscribers Under NPS, APY Schemes Reach 3.83 Crore Till Oct-end: PFRDA

New Delhi, Nov 18 (PTI) The number of NPS subscribers grew over 23 per cent to 3.83 crore by the end of October, according to data from the Pension Fund Regulatory and Development Authority (PFRDA).

The number of subscribers in various schemes under the National Pension System (NPS) rose to 383.12 lakh by the end of October 2020 from 310.80 lakh in October 2019, showing a 23.27 per cent jump year-on-year, PFRDA said in a release on Wednesday.

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Subscribers under the Atal Pension Yojana (APY) increased 34.51 per cent to 2.45 crore at the end of October, from 1.82 crore a year ago.

The total assets under management under the NPS rose 33.79 per cent to Rs 5.13 lakh crore as of October 2020, from Rs 3.83 lakh crore at the end of October 2019, PFRDA data showed.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)