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About NPS / Applicable NPS Charges

APPLICABLE NPS CHARGES

Checkout the following NPS charges:
IntermediaryTypeService Charges*
CRA (Central Record-Keeping Agency)Account Opening ChargesNSDL ₹40 | Karvy ₹39.36
Annual Maintenance Cost per AccountNSDL ₹69 | Karvy ₹57.63
Charge per TransactionNSDL ₹3.75 | Karvy ₹3.36
POP (Point-of-Presence)Initial Subscriber Registration & Contribution Upload₹200 - ₹400
Any Subsequent Transactions0.5% of contribution | Min. ₹20 Max. ₹25000 Non-Financial ₹20
Persistency (tenure> 6 months)

Rs.50/- per annum for annual contribution Rs.1000 to Rs.2999

Rs.75/- per annum for annual contribution Rs.3000 to Rs.6000

Rs.100/- per annum for annual contribution above Rs.6000

Contribution through eNPS0.20% of contribution, Min. ₹15 Max. ₹10000
CustodianAsset Servicing Charges0.000000001770% p.a. for electronic segment & physical segment
Pension Fund Manager ChargesInvestment Management FeeThe Investment Management Fee shall be charged in percentage in accordance with following slab structure of Asset Under Management
Slabs of AUMMaximum Investment Management Fee
Upto 10,000 Cr.0.09%
10,001 – 50,000 Cr0.06%
50,001 – 1,50,000 Cr0.05%
Above 1,50,000 Cr.0.03%
NPS TrustReimbursement of Expenses0.003% p.a.