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NPS returns for Central Government and State govt Employees as on March 2019

Appreciation in NPS Funds for Central Government Employees and State Government Employees and Net Returns as on March 2019

NPS Calculator For Central Government Employees As Per 7th Pay Commission Pay

Return of NPS Scheme (Central Government Scheme) as on March 2019

Return chart of individual NPS schemes as on 31 March, 2019

Particulars SBIPF
Assets (Rs In Crore ) 38,453.66
Scheme Inception Date 1-Apr-08
NAV SBIPF
31-Mar-19 28.4334
52 Week High 28.4334
52 Week Low 25.7230
RETURNS SBIPF
3 Months 2.86%
6 Months 8.32%
1 Years 8.94%
2 Years 7.50%
3 Years 9.35%
5 Years 10.68%
Since Inception 9.96%
PORTFOLIO SBIPF
Top 5 Holdings 8.17 % G- Sec 2044,
8.83% Goi 2041,
9.23% Gsc 2043,
7.40 % Goi 2035,
9.20% Goi 2030
Weigtage Of Top 5 Holdings,% 10.44
Top 3 Sectors Government Sector,Banking Finance Sector,Financial Institutions

 

Particulars LICPF
Assets (Rs In Crore ) 33,995.76
Scheme Inception Date 1-Apr-08
NAV LICPF
31-Mar-19 27.5968
52 Week High 27.5968
52 Week Low 25.0472
RETURNS LICPF
3 Months 2.60%
6 Months 8.07%
1 Years 8.72%
2 Years 7.27%
3 Years 9.26%
5 Years 10.42%
Since Inception 9.67%
PORTFOLIO LICPF
Top 5 Holdings 8.17% G-Sec 2044,
9.23% G-Sec 2043,
7.88% G-Sec 2030,
7.73% G-Sec 2034,
6.68% G Sec 2031
Weigtage Of Top 5 Holdings,% 15.38
Top 3 Sectors Govt. Sec, Finance, Banks

 

Particulars UTIRSL
Assets (Rs In Crore ) 36,561.29
Scheme Inception Date 1-Apr-08
NAV UTIRSL
31-Mar-19 27.5576
52 Week High 27.5576
52 Week Low 25.0085
RETURNS UTIRSL
3 Months 2.96%
6 Months 8.27%
1 Years 8.82%
2 Years 7.53%
3 Years 9.53%
5 Years 10.59%
Since Inception 9.65%
PORTFOLIO UTIRSL
Top 5 Holdings 6.68% GSEC 2031,
8.13% GSEC 2045,
8.17% GSEC 2044,
6.84% GSEC 2022,
6.79% GSEC 2029
Weigtage Of Top 5 Holdings,% 12.90
Top 3 Sectors Banks, Other Credit Granting, Housing Credit Institutions

 

SCHEME BENCHMARK RETURN
3 Month 2.47%
6 Month 8.04%
1 Year 8.48%
2 Years 6.83%
3 Years 6.83%
5 Years 10.31%

 

Return of NPS Scheme (State Government Scheme) as on March 2019

Return chart of individual NPS schemes as on 31 March, 2019

Particulars SBIPF
Assets (Rs In Crore ) 53,946.41
Scheme Inception Date 25-Jun-09
NAV SBIPF
31-Mar-19 24.4139
52 Week High 24.4139
52 Week Low 22.0782
RETURNS SBIPF
3 Months 2.89%
6 Months 8.31%
1 Years 8.83%
2 Years 7.38%
3 Years 9.30%
5 Years 10.76%
Since Inception 9.57%
PORTFOLIO SBIPF
Top 5 Holdings 8.17 % G- Sec 2044, 8.24 % Goi 2033 7.88 % G- Sec 2030, 7.40 % Goi 2035, 9.23% Goi 2043
Weigtage Of Top 5 Holdings,% 9.24
Top 3 Sectors Government Sector,Banking Finance Sector,Financial Institutions

 

Particulars LICPF
Assets (Rs In Crore ) 51,995.69
Scheme Inception Date 25-Jun-09
NAV LICPF
31-Mar-19 24.6211
52 Week High 24.6211
52 Week Low 22.3602
RETURNS LICPF
3 Months 2.57%
6 Months 8.12%
1 Years 8.55%
2 Years 7.17%
3 Years 9.18%
5 Years 10.47%
Since Inception 9.66%
PORTFOLIO LICPF
Top 5 Holdings 7.73% G-Sec 2034, 8.17% G-Sec 2044, 9.23% G-Sec 2043, 6.68% G-Sec 2031, 7.40% G-Sec 2035
Weigtage Of Top 5 Holdings,% 17.07
Top 3 Sectors Govt. Sec, Finance, Banks

 

Particulars UTIRSL
Assets (Rs In Crore ) 52,939.00
Scheme Inception Date 25-Jun-09
NAV UTIRSL
31-Mar-19 24.5351
52 Week High 24.5351
52 Week Low 22.2569
RETURNS UTIRSL
3 Months 2.99%
6 Months 8.32%
1 Years 8.79%
2 Years 7.41%
3 Years 9.42%
5 Years 10.58%
Since Inception 9.62%
PORTFOLIO UTIRSL
Top 5 Holdings 6.68% GSEC 2031, 8.17% GSEC 2044, 8.13% GSEC 2045, 6.84% GSEC 2022, 7.88% GSEC 2030
Weigtage Of Top 5 Holdings,% 14.35
Top 3 Sectors Banks, Other Credit Granting, Housing Credit Institutions

 

Scheme Returns for more than 01 year are annualised

SCHEME BENCHMARK RETURN
3 Month 2.47%
6 Month 8.04%
1 Year 8.48%
2 Years 6.83%
3 Years 8.79%
5 Years 10.31%

 

NPS Fund Value 2019

Central & State Pension Fund NAV as on 6.5.2019

Central Government: The Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004 (except for armed forces). Pension Fund Regulatory and Development Authority (PFRDA), the regulatory body for NPS, has appointed NSDL as Central Record keeping Agency (CRA) for National Pension System. CRA is the first of its kind venture in India which is carrying out the functions of Record Keeping, Administration and Customer Service for all subscribers under NPS. CRA shall issue a Permanent Retirement Account Number (PRAN) to each subscriber and maintain database of each Permanent Retirement Account along with recording transactions relating to each PRAN.

In NPS, a government employee contributes towards pension from monthly salary along with matching contribution from the employer. The funds are then invested in earmarked investment schemes through Pension Fund Managers.

State Government: The Central Government had introduced the National Pension System (NPS) with effect from January 01, 2004 (except for armed forces). Pension Fund Regulatory and Development Authority (PFRDA), the regulatory body for NPS, finalised the architecture and appointed NSDL as Central Record keeping Agency (CRA) and other entities for National Pension System. Subsequently, various State Governments adopted this architecture and implemented NPS with effect from different dates.

In NPS, a government employee contributes towards pension from monthly salary along with matching contribution from the employer. The funds are then invested in earmarked investment schemes through Pension Fund Managers.”

SBI PENSION FUND SCHEME
CENTRAL GOVT – 28.3906 as on 06-05-2019

SBI PENSION FUND SCHEME
STATE GOVT – 24.3798 as on 06-05-2019

UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME
CENTRAL GOVT – 27.4766 as on 06-05-2019

UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME
STATE GOVT – 24.4492 as on 06-05-2019

LIC PENSION FUND SCHEME
CENTRAL GOVT – 27.5709 as on 06-05-2019

LIC PENSION FUND SCHEME
STATE GOVT – 24.6003 as on 06-05-2019

Voluntary Contribution in Tier I account by Govt. Sector Subscribers

In order to avail Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account. An additional deduction for investment up to Rs. 50,000 in NPS (Tier I account) is available exclusively to NPS subscribers. This additional investment can be made by the Subscribers by either of the following ways:

A. Through associated Nodal Office
B. Through eNPS portal
C. Through NPS Mobile App
D. By logging into the CRA System
E. Through Point of Presence (PoP)

A. Voluntary Contribution through associated Nodal Office {Pay and Accounts Office (PAO)/ Cheque Drawing and Disbursement Offices (CDDOs)} Govt. Subscribers may approach their associated Nodal Offices (PAOs/ CDDOs) for processing of Voluntary Contributions in their Tier I account. The Nodal Office is required to carry out the following activities:

Download necessary utilities for preparation of contribution file i.e. File Preparation Utility (FPU) and File Validation Utility (FVU). Kindly note, these are separate utilities through which only Tier-II and Tier I Voluntary contributions can be prepared and validated. The utilities are available on CRA website – www.npscra.nsdl.co.in at the following link:
https://npscra.nsdl.co.in/download/FPU_and_FVU_For_upload_of_Voluntary_and_Tier_II_contribution.zip

Prepare voluntary contribution details by using the FPU. Ensure that contribution type is selected as “Voluntary Contribution”.

Validate voluntary contribution file prepared using the FVU.

Upload Subscriber Contribution File (SCF) in the NPSCAN application (www.npscancra.com) by logging with the User ID and Internet Password (IPIN) provided by NSDLCRA. The procedure of Contribution upload will be similar to the upload of regular contribution files in NPS.

Nodal Office shall upload the SCF in respect of the Subscribers for whom clear funds are available on daily basis. The Nodal Office is required to remit the funds to the Trustee Bank latest by T+1 day (T being the date of receipt of clear funds) post upload of contribution details in the CRA system.

B. Voluntary Contribution through eNPS portal

The Subscribers can also pay voluntary contributions under Tier I online through eNPS. In order to contribute through eNPS, the Subscribers need to follow the below mentioned steps:

Visit the eNPS portal (https://enps.nsdl.com).

Click on the “Contribution” option.

On the next screen, the Subscriber will have to provide PRAN, Date of Birth, enter Captcha details and click on the “Verify PRAN” option. On clicking the “Verify PRAN” option, system will prompt for a One Time Password (OTP) and the same will be sent on the registered mobile number of the Subscriber. System will display a message to the Subscriber about generation of OTP. The Subscriber will enter the OTP and click on submit OTP option.

After submission of OTP, on the next screen the Subscriber will select the Tier Type as “Tier I” and enter the amount in “Voluntary contribution amount” section, select the “Payment Gateway Option”, tick on the declarations and finally click on “Make Payment” option.

Upon successful processing of the contribution, the units will be credited to Subscribers’ NPS account and an SMS/ Email alert will be sent to the Subscribers’ registered Mobile Number/ Email ID.

C. Voluntary Contribution through NPS Mobile App

Voluntary contribution in Tier I account can also be made using the NPS Mobile App.

NPS Mobile App can be downloaded from Play store for android phones and Appstore for IOS phones (iPhone).

In NPS Mobile App, Subscriber is required to click on the “Contribution” option available on the Home screen.

On the next screen, Subscriber needs to enter the PRAN, Date of Birth and the Captcha details and click on “Verify PRAN” option.

App will prompt for a One Time Password (OTP) and the same will be sent to the registered mobile number of the Subscriber. App will display a message to the Subscriber about generation of OTP. The Subscriber will enter the OTP and click on submit OTP option.

After submission of OTP, on the next screen the Subscriber will select the Tier Type as “Tier I” and enter the amount, select the “Payment Gateway Option”, tick on the declarations and finally click on “Confirm Payment” option.

Upon successful payment, a receipt will get generated confirming the payment details.

D. Voluntary contribution by logging into the CRA System

One more option for Subscribers to contribute voluntarily in Tier I account is by logging into the CRA System with the User ID (i.e. the PRAN) and the Internet Password (IPIN).

In the CRA system, at the Home page, the Subscriber needs to go to Menu – Contribute Online <<>> Sub-menu – Make Online Contribution.

System will re-direct the Subscriber to the eNPS portal.

Further, the Subscriber needs to follow the procedure as explained under Point C above.

E. Voluntary contribution through Point of Presence (PoP)/ Point of Presence Service Providers (PoP-SP)

Subscribers may also approach the PoP/ PoP-SPs for making Voluntary Contribution in their Tier I account.

The list of PoPs/ PoP-SPs is available on CRA website (www.npscra.nsdl.co.in).

Tax Benefit Under NPS

1. What are the tax benefits of NPS?

Income Tax Act allows benefits under NPS as per the following sections:

On Employee’s contribution: Employee’s own contribution is eligible for tax deduction under sec 80 CCD (1) of Income Tax Act up to 10% of salary (Basic + DA). This is within the overall ceiling of Rs. 1.50 Lacs under Sec. 80 CCE of the Income Tax Act.

On Employer’s contribution: Up to 10% of Basic & DA (no monetary ceiling) under 80CCD (2). This rebate is over and above 80 CCE limit of Rs. 1.50 lacs.

Voluntary Contribution: Employee can voluntarily invest an additional amount of Rs. 50,000 (or more) to the NPS Tier I account and claim tax deduction on the same under section 80 CCD 1(B), subject to a maximum of Rs. 50,000.

2. Which document can a Subscriber use as investment proof in order to avail the tax benefit?

A copy of the Annual Transaction Statement (Tier I) can be used as investment proof in order to avail tax benefits.

3. Can a Subscriber get loan under NPS?

No. At present, a Subscriber cannot avail loan against NPS holdings.

4. Are NPS returns guaranteed?

There is no investment return guarantee. As per the present guidelines of Pension Fund Regulatory & Development Authority (PFRDA, the regulator for NPS), in case of government employees, contributions towards pension are invested by three Pension Fund Managers (PFMs), viz., LIC Pension Fund Limited, SBI Pension Funds Private Limited and UTI Retirement Solutions Limited as per the stipulated guidelines.

The returns under NPS are totally market based i.e. they are based on the NAV of the Pension Fund schemes. The benefits will entirely depend upon the amount contributed and the investment growth upto the point of exit from NPS.

NPS Calculator For Central Government Employees As Per 7th Pay Commission Pay

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