NSDL
SBI PENSION FUND SCHEME - CENTRAL GOVT - 17.2341 as on 22-04-2014 || SBI PENSION FUND SCHEME - STATE GOVT - 14.7451 as on 22-04-2014 || SBI PENSION FUND SCHEME E - TIER I - 14.4152 as on 22-04-2014 || SBI PENSION FUND SCHEME C - TIER I - 16.5966 as on 22-04-2014 || SBI PENSION FUND SCHEME G - TIER I - 14.9077 as on 22-04-2014 || SBI PENSION FUND SCHEME E - TIER II - 13.2733 as on 22-04-2014 || SBI PENSION FUND SCHEME C - TIER II - 15.2374 as on 22-04-2014 || SBI PENSION FUND SCHEME G - TIER II - 14.2667 as on 22-04-2014 || NPS TRUST A/C-SBI PENSION FUNDS PRIVATE LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 13.9344 as on 22-04-2014 || SBI PENSION FUNDS PVT. LTD. SCHEME - CORPORATE-CG - 10.9013 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME- CENTRAL GOVT - 16.7843 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME- STATE GOVT - 14.9431 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME E - TIER I - 16.4615 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME C - TIER I - 15.1341 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME G - TIER I - 13.7105 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS SCHEME E - TIER II - 13.2965 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS SCHEME C - TIER II - 14.5035 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS SCHEME G - TIER II - 13.9787 as on 22-04-2014 || NPS TRUST A/C-UTI RETIREMENT SOLUTIONS LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 13.9081 as on 22-04-2014 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME - CORPORATE-CG - 11.1460 as on 22-04-2014 || LIC PENSION FUND SCHEME - CENTRAL GOVT - 16.9490 as on 22-04-2014 || LIC PENSION FUND SCHEME - STATE GOVT - 15.0737 as on 22-04-2014 || NPS TRUST A/C-LIC PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 13.8778 as on 22-04-2014 || LIC PENSION FUND LIMITED SCHEME - CORPORATE-CG - 11.0758 as on 22-04-2014 || LIC PENSION FUND SCHEME E - TIER I - 11.4973 as on 22-04-2014 || LIC PENSION FUND SCHEME C - TIER I - 10.7906 as on 22-04-2014 || LIC PENSION FUND SCHEME G - TIER I - 10.6301 as on 22-04-2014 || LIC PENSION FUND SCHEME E - TIER II - 9.9946 as on 22-04-2014 || LIC PENSION FUND SCHEME C - TIER II - 10.4870 as on 22-04-2014 || LIC PENSION FUND SCHEME G - TIER II - 10.7934 as on 22-04-2014 || KOTAK PENSION FUND SCHEME E - TIER I - 15.5621 as on 22-04-2014 || KOTAK PENSION FUND SCHEME C - TIER I - 16.4018 as on 22-04-2014 || KOTAK PENSION FUND SCHEME G - TIER I - 13.8570 as on 22-04-2014 || KOTAK PENSION FUND SCHEME E - TIER II - 13.7997 as on 22-04-2014 || KOTAK PENSION FUND SCHEME C - TIER II - 14.2581 as on 22-04-2014 || KOTAK PENSION FUND SCHEME G - TIER II - 13.0025 as on 22-04-2014 || NPS TRUST A/C-KOTAK MAHINDRA PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 12.2170 as on 22-04-2014 || RELIANCE PENSION FUND SCHEME E - TIER I - 16.0181 as on 22-04-2014 || RELIANCE PENSION FUND SCHEME C - TIER I - 14.8963 as on 22-04-2014 || RELIANCE PENSION FUND SCHEME G - TIER I - 13.4956 as on 22-04-2014 || RELIANCE PENSION FUND SCHEME E - TIER II - 13.7154 as on 22-04-2014 || RELIANCE PENSION FUND SCHEME C - TIER II - 13.9271 as on 22-04-2014 || RELIANCE PENSION FUND SCHEME G - TIER II - 13.0948 as on 22-04-2014 || NPS TRUST A/C-RELIANCE CAPITAL PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 10.0000 as on 22-04-2014 || ICICI PRUDENTIAL PENSION FUND SCHEME E - TIER I - 16.9974 as on 22-04-2014 || ICICI PRUDENTIAL PENSION FUND SCHEME C - TIER I - 16.3597 as on 22-04-2014 || ICICI PRUDENTIAL PENSION FUND SCHEME G - TIER I - 13.9167 as on 22-04-2014 || ICICI PRUDENTIAL PENSION FUND SCHEME E - TIER II - 13.3937 as on 22-04-2014 || ICICI PRUDENTIAL PENSION FUND SCHEME C - TIER II - 15.2777 as on 22-04-2014 || ICICI PRUDENTIAL PENSION FUND SCHEME G - TIER II - 13.3369 as on 22-04-2014 || NPS TRUST A/C-ICICI PRUDENTIAL PENSION FUNDS MANAGEMENT COMPANY LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 10.0000 as on 22-04-2014 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME E - TIER I - 12.2341 as on 22-04-2014 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME C - TIER I - 10.7254 as on 22-04-2014 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME G - TIER I - 10.3914 as on 22-04-2014 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME E - TIER II - 10.9528 as on 22-04-2014 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME C - TIER II - 10.6812 as on 22-04-2014 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME G - TIER II - 10.6618 as on 22-04-2014 || NPS TRUST A/C-HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME - NPS LITE SCHEME - GOVT. PATTERN - 10.0000 as on 22-04-2014 || DSP BLACKROCK PENSION FUND SCHEME E - TIER I - 10.9851 as on 22-04-2014 || DSP BLACKROCK PENSION FUND SCHEME C - TIER I - 10.5703 as on 22-04-2014 || DSP BLACKROCK PENSION FUND SCHEME G - TIER I - 10.5680 as on 22-04-2014 || DSP BLACKROCK PENSION FUND SCHEME E - TIER II - 10.5589 as on 22-04-2014 || DSP BLACKROCK PENSION FUND SCHEME C - TIER II - 10.4092 as on 22-04-2014 || DSP BLACKROCK PENSION FUND SCHEME G - TIER II - 10.4705 as on 22-04-2014 || NPS TRUST A/C-DSP BLACKROCK PENSION FUND MANAGERS PRIVATE LIMITED SCHEME - NPS LITE SCHEME - GOVT. PATTERN - 10.0000 as on 22-04-2014
 

Scheme Preference is the Pension fund schemes option chosen by the subscriber for investing the pension contribution amount. At present, there is only one default scheme for Tier I.

The contribution of all the Subscribers will be invested in this default scheme. In the default scheme, the contribution is allocated to three PFMs, viz. SBI Pension Funds Private Limited, UTI Retirement Solutions Limited and LIC Pension Fund Limited in a predefined proportion and each of the PFMs will invest the funds in the proportion of 85% in fixed income instruments and 15% in equity and equity related instruments.

For Tier II, the government subscriber has been given the flexibility to choose one out of six Pension Fund Managers(PFMs) and also the percentage in which the selected PFM will invest the funds.

The six PFMs are

  • ICICI Prudential Pension Funds Management Company Limited
  • IDFC Pension Fund Management Company Limited
  • Kotak Mahindra Pension Fund Limited
  • Reliance Capital Pension Fund Limited
  • SBI Pension Funds Private Limited
  • UTI Retirement Solutions Limited

The three asset classes are

Equity (E), Corporate bonds (C) and Government Securities (G). A subscriber choose Active Choice, he can specify the percentage in which his / her money is to be invested in these asset classes. However, allocation in Equity cannot be more than 50%. A subscriber opts for Auto Choice, system will automatically calculate the asset allocation percentages based on the subscriber's age.

At present under Tier I, there is only one scheme (default) available to Central/State Govt. employees under which 85% of your money is invested in debt instruments and upto 15% in equity and equity linked mutual funds.

Under Tier II, the sets of assets to be considered for investment are segregated based on their risk{return characteristics)

  1. Asset class E : "High return, High risk" (equity market instruments).
  2. Asset class G : "Low return, Low risk" fixed income instruments. The best example of this are central government bonds.
  3. Asset class C : "Medium return for credit risk" bearing fixed income instruments. Examples of these are bonds issued by firms.

For Central Government employees mandatorily covered under NPS, the total contribution uploaded in an employee's Tier I account is divided among three PFMs. viz. SBI Pension Funds Private Limited, UTI Retirement Solutions Limited and LIC Pension Fund Limited in a predefined ratio and units are allotted in the subscribers account. For State Government employees mandatorily covered under NPS, the total contribution uploaded in an employee's Tier I account is divided among the three PFMs. viz. SBI Pension Funds Private Limited, UTI Retirement Solutions Limited and LIC Pension Fund Limited in a ratio as decided by the State Government and units are allotted in the subscribers account accordingly. The PFMs invest the money in different financial instruments within the investment guidelines laid down by PFRDA and declare Net Asset Value(NAV) at the end of each business day. Accordingly, based on the NAV units are credited in the subscriber's account. The present value of the investment is arrived by the units held multiplied by the NAV.

In Tier II, the only difference is that the subscriber can select any one of the 6 PFMs and can also select the ratio in which his / her money is invested in one or more asset class viz. Equity, Corporate Debt and Government Bonds.

The return under NPS is market driven. Hence, there is no guaranteed/defined amount of return. The returns generated through investments are accumulated and is not distributed as dividend or bonus.

Also known as NAV, this is the price of one unit of a fund. NAV is calculated at the end of every working day between Monday and Friday. It is calculated by adding up the value of all the securities and cash in the fund's portfolio (its assets), subtracting the fund's liabilities, and dividing that number by the number of units that the fund has issued. The NAV increases (or decreases) when the value of the fund's holdings increase (or decrease). NAV of different PFMs may differ. Even the different schemes under the same PFM will have different NAV.

Scheme Preference change option is not available to Govt. subscribers for Tier I.

For Tier II, the subscriber has to submit the physical application form (Form-UOS-S3) to change Scheme Preference. However, such changes can be done only once in a financial year. You can submit the request to your POP-SP through whom your Tier II account is activated. Please collect a 17 digit acknowledgement number against your request. The transaction is chargeable.

Yes, subscriber can either check with their POP-SP or can call at CRA's toll free number 1800 222 080 for the status of pending request. Please mention the 17 digit acknowledgement number received from POP-SP against your request.

CRA system will send an e-mail to the Subscriber (if the email ID is available) once the request is processed.

At present, this facility is not available for Tier I account of Central/state Govt. employee. In future, subscriber will have the option of selection of PFM and Investment schemes (as and when PFRDA approves it). For Tier II account, you can request for a change of scheme preference once in a financial year.

At present under Tier I, this facility is not available for central/state govt. employees. In future, you will have option to select your investment choice as and when PFRDA approves it. For Tier II account, Govt. Employee can select his / her investment choice as auto choice. Under this type of investment choice, investment will be made in a life cycle fund in the schemes of Pension Fund Manager chosen by the subscriber. The fraction of funds invested across three asset classes will be determined by a Pre-defined portfolio.

At present under Tier I, this facility is not available for central/state govt. employees. In future, subscribers will have option to select your investment choice as and when PFRDA approves it. For Govt Employee who opted for Tier II, under this type of investment choice, subscribers have an option to choose a fund manager and provide the ratio in which his / her funds to be invested among the asset classes.

At present under Tier I, this facility is not available for central/state govt. employees. In future, subscribers will have option to select your investment choice as and when PFRDA approves it. For Govt Employee who opted for Tier II and selected active choice, three assets class are there (E, C & G) Asset Class "E" are the Investments in Equity shares. Money will be invested in index funds that replicate the portfolio of a Particular index(Like BSE sensitive index and NSE nifty fifty index.).Max investment in this class is 50% of total contribution.

At present under Tier I, this facility is not available for central/state govt. employees. In future, you will have option to select your investment choice as and when PFRDA approves it. For Govt Employee who opted for Tier II and selected active choice, three assets class are there (E, C & G). Asset Class "G" is the Asset Class of lowest risk. The most natural candidates for lowest risk assets are bonds issued by the Central Government { called GOI bonds. These bonds have no default risk, and/or enormous depth for investments by pension funds.

At present under Tier I, this facility is not available for central/state govt. employees. In future, you will have option to select your investment choice as and when PFRDA approves it. For Govt Employee who opted for Tier II and selected active choice, three assets class are there (E, C & G). Asset Class "C" contains Bonds issued by any Entity other than Central Government. Here, the issuers can be state governments, municipal bodies, state government PSU/PSE like electricity boards, and private corporations.

In Auto Choice, the proportion of E, C and G is determined by the subscriber's age. At each birthdate of the subscriber, these proportions are adjusted with age as mentioned in the life-cycle matrix.

As mentioned in the offer document of PFRDA, in case of subscribers who have opted 'Auto choice' investment option, the percentage of investment in the asset classes E/C/G will change as per the age of the subscriber as given in the 'Life cycle Investment Matrix'. The change happens on the date of birth of the subscriber. In this process, asset allocation ratio is changed and the existing assets are redeemed and reinvested as per the new ratio of allocation.