HDFC Pension Becomes First Private Sector Pension Fund Manager to Surpass Rs 1 Lakh Crore in AUM
Sep 18, 2024
Mumbai (Maharashtra) [India], September 18: HDFC Pension Fund Management Limited (HDFC Pension), the largest private sector Pension Fund Manager under the National Pension System (NPS), has reached a significant milestone, surpassing Rs. 1,00,000 crore in Assets Under Management (AUM) as of September 12, 2024. This achievement marks a doubling of AUM in just 16 months, from Rs. 50,000 crore in May 2023, driven by a remarkable 34.1% growth in the Company's Subscriber base, now totaling over 21 lakhs.
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