SBI Pension Funds AUM crosses Rs 6 lakh crore
India, Aug. 4 -- SBI Pension Funds, a pension fund manager under the National Pension System (NPS), has crossed '6 lakh crore in assets under management (AUM) while serving over 1.85 crore subscribers across Government, corporate and retail segments.
The milestone reflects the growing confidence of millions of subscribers and reinforces the company's leadership position, with over 34 per cent market share in India's pension fund industry, the fund house said in a statement on Monday.
The achievement marks an important milestone not just for SBI Pension Funds but for India's evolving retirement ecosystem, it added.
The company's growth has been underpinned by sustained subscriber trust over the years, it said.
From crossing Rs 1 lakh c...
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