PFRDA opens on-tap registration for pension fund managers under NPS

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced an on-tap registration system for pension fund managers. This new system enables eligible firms to apply for registration at any time to manage assets under the National Pension System (NPS) and the Unified Pension Scheme.
The introduction of on-tap registration is significant for investors as it may lead to increased competition among pension fund managers, potentially resulting in better services and more investment options.
Investors should watch for how this development affects the overall pension fund management landscape and the potential entry of new players in the market.
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.






