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PPFAS Asset Management approved to sponsor pension fund under NPS by PFRDA
Economy
Published on 24 April 2026
What PFRDA approval now allows PPFAS to do
PPFAS Asset Management has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to become a sponsor for a pension fund under India’s National Pension System (NPS). The move potentially expands the set of players managing NPS pension funds, strengthening options for subscribers while bringing PPFAS into the regulated pension ecosystem.
- PPFAS Asset Management gets PFRDA approval for NPS sponsorship
- Approval enables PPFAS to operate as an NPS pension fund sponsor
- Move could broaden choices for NPS subscribers
- Signals continued expansion in India’s regulated pension space
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times