NPS Hits ₹6L Crore: Is Your Retirement Safe?

SBI Pension Funds just crossed ₹6 lakh crore in assets under management, managing retirement savings for over 1.85 crore NPS subscribers. Here is what this milestone means for your pension account and whether you are getting the best returns.

Here's what happened: SBI Pension Funds became the first NPS fund manager in India to cross ₹6 lakh crore in assets under management, holding a 34% market share.. The fund manager now serves over 1.85 crore NPS subscribers, covering government employees, corporate sector workers, and self-enrolled individuals.. This milestone reflects rapid growth in NPS adoption as more salaried workers and self-employed individuals use it for tax savings and retirement planning..

What you should do: Log into the CRA portal (enps.nsdl.com) or your bank's NPS section to check which Pension Fund Manager is currently handling your NPS account.. Compare annual returns across NPS fund managers on the NPS Trust website — if your current manager consistently underperforms peers over 3–5 years, switch once this year.. Review your asset allocation — if you are under 40, ensure you have at least 50–75% in the equity (E) scheme to maximise long-term compounding inside NPS..

Private-sector NPS subscribers can shift their Pension Fund Manager once per financial year for free via the CRA portal — most people never use this right and leave returns on the table.