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

  • 4.8++ Rated
  • 7.7 Crore Registered Consumer
  • 51 Partners Insurance Partners
  • 4.2 Crore Policies Sold
We are rated++
rating
9.7 Crore
Registered Consumer
51
Insurance Partners
4.9 Crore
Policies Sold

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

Get the best˜ returns & make the most of your golden years

+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
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
Get Updates on WhatsApp
We are rated++
rating
9.7 Crore
Registered Consumer
51
Insurance Partners
4.9 Crore
Policies Sold
Disclaimer: ##Rs 60,000 are the monthly pension amounts at the assumed rate of return of 8% p.a. and 4% p.a. for unit linked insurance plans. This is an illustrative example and the returns are not guaranteed & dependent on the policy term and premium term availed along with the other variable factors. The market linked return of 60K per month is for an 18 year old investing 6k per month for 20 years in a whole life policy having policy term 82 years in which Systematic partial withdrawals start at the age of 65 years at 5% rate of withdrawal per year. The investment risk in the policy is borne by the policyholder. All Plans listed here are of insurance companies’ funds. *Tax benefits and savings are subject to changes in tax laws. All Plans listed here are of insurance companies’ funds. Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

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.

People Also Read: Best Pension Plan In India

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.

˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

Secure Your Retirement Today
Start Investing ₹6,000/month
Get Pension ₹60,000/month+
Including Life Cover
View Plan
Pension Plans
+Standard T&C Applied
Insurers Offering Pension Plans

Tata AIA

Max Life

Bajaj Allianz

SBI Life

HDFC Life

ICICI Prudential

Bharti AXA Life

Edelweiss Life

Kotak Life

Future Generali

PNB MetLife

Aditya Birla Sun Life

Aviva

Ageas Federal

Bandhan Life

Canara HSBC

IndiaFirst

Pramerica Life

Reliance Life

Sahara Life

Shriram Life

Star Union

View more insurers
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
NPS Calculator

Your Age

18 Years 59 Years
Enter Your Age

Monthly Investment

₹500 ₹10L
Enter Investment Per Month

Expected Return on Investment

5% 15%
Expected Return on Investment

Percentage of Corpus Allocated for Pension

40% 100%
Enter Corpus Percentage

Expected Return from Pension

5% 15%
Enter Annuity Return
₹0
Your Monthly Pension
₹0
Your Monthly Pension
Your Pension Calculation
Your Pension Calculation
Total Investment
Returns Earned
Maturity Amount
Maturity Amount split (Lumpsum & Pension)
60%
Lumpsum Amount
At the age of 60 Yrs
40%
Pension Wealth
At the age of 60 Yrs

Pension plans articles

Recent Articles
Popular Articles
HDFC Life Group Variable Employee Benefit Plan

06 Feb 2025

The HDFC Life Group Variable Employee Benefit Plan is a flexible
Read more
HDFC SL Group Traditional Plan

06 Feb 2025

The HDFC SL Group Traditional Plan is a group insurance plan
Read more
HDFC Life Group Traditional Secure Plan

03 Feb 2025

HDFC Life Group Traditional Secure Plan is a single premium
Read more
HDFC Life Group Credit Protect Plus Insurance Plan

03 Feb 2025

The HDFC Life Group Credit Protect Plus Insurance Plan is a
Read more
HDFC Life New Group Unit Linked Plan

03 Feb 2025

The HDFC Life New Group Unit Linked Plan is a flexible insurance
Read more
Elabharthi
  • 16 Feb 2023
  • 21838
Elabharthi is an online portal established by the Bihar government to allow the public to access services related
Read more
Which is Better: UPS vs NPS vs OPS
  • 19 Sep 2024
  • 2465
In India, the government provides several retirement plans, including the Unified Pension Scheme (UPS), the
Read more
50K Pension Per Month
  • 15 Jun 2022
  • 33029
How to Get 50k Pension Investment Options Get 50k Pension Through NPS Benefits of Choosing a Pension Plan
Read more
SBI Annuity Calculator
  • 08 Jun 2021
  • 55465
What is an Annuity Deposit Scheme? Types of Annuity Deposit Schemes Eligibility Conditions for SBI Annuity
Read more
Top 15 Pension Plans in India
  • 14 Feb 2023
  • 41813
List of Top 15 Pension Plans Overview Basis of Selection Wrapping Up View all content List of Top 15
Read more

top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL