Mumbai, Nov. 4 -- The Pension Fund Regulatory and Development Authority (PFRDA) aims to achieve Rs 100 lakh crore in assets under management (AUM) well before 2040, accelerating beyond its current growth projections through digital innovation, greater financial awareness and wider pension inclusion, Chairman S Ramann said on Wednesday.

Speaking to the media on the sidelines of the 'Leadership Event on NPS Tatkal' in Mumbai, Ramann said the pension corpus is projected to reach Rs 100 lakh crore by 2040 based on the current growth trajectory, but the regulator is working to achieve the milestone much earlier.

"Given the way NPS is growing, Rs 100 lakh crore will come automatically," he said, adding that the regulator's digital initiatives...