Atal Pension Yojana (APY) filed 11.7 million new nominations in the financial year 2024-25. According to the Pension Fund Regulatory and Development Authority (PFRDA), it extends the total gross enrollment by 76 million by 31 March 2025.
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| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
It marks the third straight year. The scheme has added more than 10 million new customers annually.
The total assets under management (AUM) have exceeded 44,780 crores.
The scheme has given an annual return of 9.11% since the establishment.
APY, now in its tenth year, provides a minimum guarantee of ₹ 1,000 to ₹ 5,000 to customers starting from the age of 60. After the death of the subscriber, the pension for the spouse continues.
After the death of the two, the corpus nominee is returned by the age of 60 to the nominee.
PFRDA highlighted that women made about 55% new customers this year.
Last year, PFRDA expanded the path to open the Atal Pension Yojana (APY) accounts. As per the instructions, customers have the flexibility to choose any of the three central records agencies (CRAs) to start and maintain their APY accounts.
Under this structure, APY customers can choose their favorite Cra between CAMS, KFIN, and protein EGov technologies for initiation and maintenance of their accounts.
APY contribution is collected from customers’ savings bank accounts or post office savings bank accounts through auto-debit.
first published: April 22, 2025 4:18 pm First
