Central Govt Investment Options

 

Investment Options for Central Govt Employees

 

 

Particulars

Exposure Limits

Government Securities & related investments

Upto 65%

Debt Instruments & related investments

Upto 45%

Short term debt instruments & related investments

Upto 10%

Equity & related investments

 Upto 15%

Asset backed, trust structured & Miscellaneous investments

Upto 5%

 

PFMs in default scheme-- SBI Pension Funds Private Limited, LIC Pension Fund Limited and UTI Retirement Solutions Limited

 

As per Ministry of Finance Gazette Notification dated January 31, 2019, the Central Government Subscribers, from April 1, 2019, will have the option of selecting the Pension Funds (PFs) and Investment Pattern in Tier I account. A Subscriber can choose any one of the available PFs and Investment Option as per their choice. If the choice is not exercised by the Subscriber, NPS contributions will be invested in the default scheme – LIC, SBI and UTI will act jointly as default PFs as per the guidelines issued by the Government of India/ PFRDA.

 

Pension Funds (PFs)

               

•SBI Pension Funds Private Limited

•LIC Pension Fund Limited

•UTI Retirement Solutions Limited

•HDFC Pension Management Co. Limited

•ICICI Prudential Pension Funds Management Co. Limited

•Kotak Mahindra Pension Fund Limited

•Aditya Birla Sunlife Pension Management Limited

•Tata Pension Management Private Limited

•Max Life Pension Fund Management Limited

•Axis Pension Fund Management Limited

•DSP Pension Fund Managers Private Limited

•At Present, the PFM can be changed once a year

 

Investment Options Under NPS Tier I

 

The Subscriber can select any one of the following investment schemes:

Scheme G: 100% of contribution will be invested in Government Bonds and related instruments.

Scheme LC 25 : It is the Life cycle fund where the Cap to Equity investments is 25% of the contribution amount

Scheme LC 50 : It is the Life cycle fund where the Cap to Equity investments is 50% of the contribution amount

If the choice is not exercised by the Subscriber, NPS contributions will be invested in the default scheme - LIC, SBI and UTI as per the guidelines issued by the Government of India/ PFRDA.

Auto choice Life cycle funds – either Conservative Life Cycle fund or Moderate Life Cycle fund