National Pension Scheme May Grow At 35-40% In FY17, Says PF Regulator

Mumbai: Pension fund regulator PFRDA is expecting National Pension System (NPS) to grow at a rate of 35-40 per cent in the current fiscal, a top official said on Thursday. "NPS has been growing at around 35 per cent per annum in terms of both AUM and subscriber base for the past three years. We hope to see it to grow at a rate of 35-40 per cent during the current fiscal too," PFRDA Chairman Hemant Contractor told PTI on the sideline...