Archive · 21 Aug 2025
Choosing the Right NPS Fund Manager: Key Insights
Imagine you have a special savings account for when you retire, called NPS.
You get to pick who manages this money, called a Pension Fund Manager or PFM.
There are 10 approved managers, all checked by the government.
These managers invest in different things like stocks and bonds.
You can change your manager every year if you want to.
When choosing a manager, it's important to look at how well they've done over many years, not just the short term.
The goal is to make sure your money grows steadily so you have enough for retirement.
Subscribers to the National Pension System (NPS) can choose their Pension Fund Manager (PFM).
All 10 authorized PFMs are approved by the PFRDA and are monitored for financial strength and compliance.
PFMs manage all four NPS asset classes: Equity, Corporate Bonds, Government Securities, and Alternate Assets.
Subscribers can switch PFMs once a year without cost or tax implications.
Key factors to consider when selecting a PFM include long-term performance history.
- Who
- Subhasis Ghosh, CEO of Kotak Mahindra Pension Fund, and NPS subscribers.
- What
- Information on selecting a Pension Fund Manager (PFM) for the National Pension System (NPS).
- When
- The article discusses current options and considerations.
- Where
- The context refers to the Indian NPS system.
- Why
- To help NPS subscribers make informed decisions about their retirement investments.
- NPS
- National Pension System
- PFMs
- Pension Fund Managers
- PFM options
- 10 authorized PFMs
- Switching
- Allowed once a year
- Switch Cost
- Free
- Asset Classes
- Equity, Corporate Bonds, Government Securities, Alternate Assets