NPS Fund Management Fees Falling Expected

Pension Fund Regulatory and Development Authority has decided to re-bid on fund management as two fund houses are adding in the list and subsequently decreasing the management fee.

  • Peaceful Post-Retirement Life

  • Tax Free Regular Income

  • Wealth Generation to beat Inflation

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Invest ₹6,000/month & Get Tax Free Monthly Pension of ₹60,000

Get the best returns & make the most of your Golden years

View Plans
Please wait. We Are Processing..
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp

MUMBAI, 10th MARCH 2014: Two more fund houses entered in the management of National Pension System (NPS) corpus resulting in the fall of fun management charges. NPS corpus of around Rs. 40,000 crore is managed by 8 private and three government-owned fund houses. Tata Capital and Aditya Financial Services are the two new fund houses biding for management of the amount.

According to the Pension Fund Regulatory and Development Authority (PFRDA), the current fund managers need to bid again for a license for new NPS fund management in unorganized sectors. The fund management fee was raised to 0.25% from 0.0009% and this is supposed to be fixed again on the basis of competitive bidding.

Hemant Contractor, MD of SBI is expected to be the chairman of PFRDA after clearance from the Central Vigilance Commission. According to the private sector fund house, 10 groups have applied out of which 8 would be given the license. The current eight fund managers are – HDFC Pension Management Company, Kotak Mahindra Pension Fund, DSP BlackRock Pension Fund Managers, UTI Retirement Solutions, Reliance Capital Pension Fund, ICICI Prudential Pension Funds Management Company, SBI Pension Funds, LIC Pension Funds and UTI Retirement Solutions.

The recent National Pension System gave a return of around 12-14% during 2012-13 with 55 lakh subscribers and total amount of Rs. 40,000 crore. It had begun as the pension scheme for unorganized sector in 2004. Later the government decided to move all the employees under the NPS.

Secure Your Retirement Today
Start Investing ₹6,000/month
Get Pension ₹60,000/month+
Including Life Cover
View Plan
+Standard T&A Applied
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Retirement Plans
Monthly Pension Plans
Higher Returns Than Fixed Deposit
Retirement Calculator
Retirement Calculator
How much do you need to save for retirement?
₹ 20,000
₹ 25,000
₹ 30,000
Monthly Expenses in 2022
Edit Done
Your expense go up every year by
Today 2022 Your expenses today in 2022, at the age of 34 Yrs
Your expenses in 2043, at the age of 55 Yrs
For a monthly pension of ₹77,300
you need to invest
Calculated as per past performance of 15%
View Plan Recalculate?

Pension plans articles

Recent Articles
Popular Articles
How to Get a 50K Pension Per Month?

15 Jun 2022

Retirement planning should form an essential part of your
Read more
NPS Premature Withdrawal

15 Jun 2022

The National Pension Scheme is the Central Government’s social
Read more
Get 30K Pension Per Month

15 Jun 2022

Planning retirement is extremely important and crucial these
Read more
Atal Pension Yojana Premium Chart

08 Jun 2022

Atal Pension Yojana (APY) is a government of India initiative to
Read more
Monthly Pension Scheme for Senior Citizens

02 Jun 2022

Retirement planning is paramount to creating a constant source
Read more
National Pension Scheme (NPS) – Govt Approved Pension Scheme
National Pension Scheme or NPS scheme is an investment cum pension plan launched by the Indian Government. This
Read more
NPS Calculator - National Pension Scheme Calculator Online
National Pension Scheme Calculator is an online tool, which allows the individual to calculate the estimated
Read more
Post Office NPS Calculator 2022
National Pension System is a scheme launched by the Government of India that offers stability to all Indian
Read more
Future Value of Annuity Due Formula
The future value of an annuity due is the value of consolidated payments at a date in the future, considering a
Read more
NPS Tier 2 Account Advantages and Disadvantages
NPS or the National Pension Scheme is an initiative taken by the Central Government that protects the holders'
Read more

Download the Policybazaar app
to manage all your insurance needs.