The funds contributed by the Subscribers are invested by the PFRDA registered Pension Fund
Managers (PFM’s) as per the investment guidelines provided by PFRDA. The investment
guidelines are framed in such a manner that there is minimal impact on the subscribers
contributions even if there is a market downturn by a judicious mix of investment instruments
like Government securities, corporate bonds and equities. At present there are 8 Pension Fund
Managers (PFM’s) who manage the subscriber funds at the option of the subscriber.
At present, Subscriber has option to select any one of the following 8 pension funds:
ICICI Prudential Pension Fund
LIC Pension Fund
Kotak Mahindra Pension Fund
Reliance Capital Pension Fund
SBI Pension Fund
UTI Retirement Solutions Pension Fund LIC Pension Fund
HDFC Pension Management Company
DSP Blackrock Pension Fund Managers
Since registration of PFMs is an ongoing process, this list will be updated from time to time.