PFRDA expects AUM of Rs 9 trillion by end of FY23, shows data

Amongst the newer assets, PFRDA has invested around Rs 1,100 crore in REITs and InvITs, accumulating better returns than all other categories

The Pension Fund Regulatory and Development Authority (PFRDA) is expecting the total asset under management (AUM) of the National Pension Scheme (NPS) to reach Rs 9 trillion by the end of the 2022-23 financial year.

For the 2022 calendar year, the total AUM has surged 22 per cent, to Rs 8.5 trillion.

However, even though there has been a significant double- digit growth in subscribers from corporates, the penetration at company level is still low. From 12,000 companies, the penetration remains at only around 4 per cent.

Amongst the newer assets, PFRDA has invested around Rs