National Pension System subscribers rise to 624.81 lakh

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New Delhi: The number of subscribers under various schemes under the National Pension System (NPS) rose to 624.81 lakh as at March 4th 2023 from 508.47 Lakh in March 2022 showing a year- on- year (Y-o-Y) increase of 22.88% (Table 1).

Table 1: Number of Subscribers in various schemes under National Pension System and Atal Pension Yojana (in Lakh)

 5th March 202231st March 202204th March 2023Y-o-YGrowth %
Central Government22.7622.8423.864.80
State Government55.5155.7760.729.39
Corporate13.8414.0516.6320.19
All Citizen Model21.5122.9228.4032.02
NPS Lite*41.8841.8741.77-0.25
APY352.97362.77453.4228.46
Total508.47520.21624.8122.88

*No fresh Registration permitted w.e.f. 01 April 2015

As on 4th March 2023, total pension assets under management (AUM) stood at Rs. 8.82 Lakh crore showing a Y-o-Y growth of 23.45% (Table 2).

Table 2:  Total Assets under Management under Nation Pension System and Atal Pension Yojana (in Rs. Crore)

 5th March 202231st March 202204th March 2023Y-o-YGrowth %
Central Government2,15,176.582,18,576.942,55,207.3818.60
State Government3,58,902.073,69,426.724,39,494.1022.46
Corporate85,081.0390,633.281,14,871.5835.01
All Citizen Model30,221.8332,345.7741,302.5336.66
NPS Lite*4,612.864,686.744,877.715.74
APY20,347.9420,922.5826,113.6628.34
Total7,14,342.317,36,592.038,81,866.9723.45

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