Top performing NPS schemes 2021

top-performing-nps-schemes-2021

The most accepted pension-oriented products in the country is The National Pension Scheme (NPS). This was launched as a part of a social security initiative for all Indian Citizens by Central Government Of India. This scheme allows individual employed both in public as well as private sector to invest in low-risk equity funds, security funds or any other investment that will give good returns.

Investing in this scheme will not only give you good returns but also gives good tax returns up to Rs 2 lakh under Section 80C and Section 80CCD of the Income Tax Act, 1961 depending of the type of account, i.e Tier-I or Tier-II.

 

Pension Fund Managers.

Currently there are are only 8 pension fund managers in India. They are:

  1. Aditya Birla Sun Life Pension Management Limited.
  2. HDFC Pension Management Company Limited.
  3. UTI Retirement Solutions Limited.
  4. SBI Pension Funds Private Limited.
  5. ICICI Prudential Pension Funds Management Company Limited.
  6. Reliance Pension Fund.
  7. Kotak Mahindra Pension Fund Limited.
  8. LIC Pension Fund.

The best performing NPS Fund Managers.

Pension Fund Managers SBI Pension Fund UTI Retirement Solutions LIC Pension Fund
Net Asset Value (NAV) 29.1853 28.3644 28.2369
Returns* 6-month 7.58% 7.36% 7.37%
1-year 12.64% 12.19% 12.45%
3-year 9.48% 9.56% 9.42%
5-year 10.39% 10.25% 10.08%

SBI Pension Fund generated the best return of 10.39% (As of May, 2015) in the past 5 years under the NPS central government scheme. Banking finance sector, government sector, and financial institutions are where the fund mainly invested.

Best Performing NPS Fund Managers 2021 – State Government Schemes

Pension Fund Managers SBI Pension Fund UTI Retirement Solutions LIC Pension Fund
Net Asset Value (NAV) 25.0669 25.1393 25.3053
Returns* 6-month 7.64% 7.40% 7.35%
1-year 12.68% 12.20% 12.34%
3-year 9.45% 9.46% 9.36%
5-year 10.45% 10.26% 10.14%

SBI Pension Fund generated the best return of 10.45% in the past 5 years under the NPS state government scheme. On May 2019 The Assets Under Management recorded at Rs 57,474.92 crore.

Best Performing NPS Tier-I Returns 2021 – Scheme

Pension Fund Managers Returns*
6-month 1-year 3-year 5-year
HDFC Pension Fund 9.16% 9.56% 14.72% 11.90%
UTI Retirement Solutions 7.71% 8.77% 13.50% 11.85%
SBI Pension Fund 8.26% 9.73% 13.49% 11.38%
ICICI Pension Fund 9.56% 9.30% 13.11% 11.12%
Kotak Mahindra Pension Fund 9.30% 9.28% 13.00% 11.12%
Reliance Pension Fund 7.51% 9.15% 12.05% 10.32%
LIC Pension Fund 7.07% 8.13% 11.86% 10.22%
Aditya Birla Pension Fund 6.22% 7.12% NA NA

Fund Managers generating the best NPS Tier-I Equity Funds returns on various terms:

Term Best Returns Pension Fund Manager
6-month 9.56% ICICI Pension Fund
1-year 9.73% SBI Pension Fund
3-year 13.50% UTI Retirement Solutions
5-year 11.90% HDFC Pension Fund

Top Performing NPS Tier-II Returns 2021 – Scheme E

Pension Fund Managers Returns*
6-month 1-year 3-year 5-year
HDFC Pension Fund 9.20% 9.47% 14.87% 11.50%
UTI Retirement Solutions 7.54% 9.39% 13.66% 11.96%
SBI Pension Fund 8.24% 9.71% 13.50% 11.39%
ICICI Pension Fund 9.64% 9.32% 13.16% 11.14%
Kotak Mahindra Pension Fund 9.29% 9.54% 13.03% 11.12%
Reliance Pension Fund 7.34% 8.94% 12.08% 10.32%
LIC Pension Fund 6.83% 8.51% 11.74% 8.97%
Aditya Birla Pension Fund 5.81% 6.61% NA NA

Fund Managers generating the best NPS Tier-II Equity Funds returns on different tenures:

 

Term Best Returns Pension Fund Manager
6-month 9.29% Kotak Mahindra Pension Fund
1-year 9.71% SBI Pension Fund
3-year 14.87% HDFC Pension Fund
5-year 11.96% UTI Retirement Solutions

Source: ClearTAX.in

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