Number of subscribers under NPS and APY schemes reached 3.83 crore by end of October: PFRDA


By the end of October, the number of NPS subscribers has increased by 23 per cent to 3.83 crore. This information has been revealed by the data of Pension Fund Regulatory and Development Authority (PFRDA). PFRDA said in a press release that the number of subscribers under various schemes under the National Pension Scheme (NPS) has increased to 383.80 lakh by the end of October 2020. It was 310.80 lakhs in October, 2019. Thus, it has increased by 23.27 percent on an annual basis.

By the end of October, subscribers under the Atal Pension Yojana (APY) have increased by 34.51 per cent to 2.45 crore. The number was 1.82 crore a year ago. According to PFRDA data, the total AUM under NPS has increased by 33.79 per cent to Rs 5.13 lakh crore by October 2020. By the end of October in 2019, it was Rs 3.83 lakh crore.


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