OUR STORY
Max Life Pension Fund Management Ltd. is a wholly owned subsidiary of Max Life Insurance Company Limited which is India’s leading private life insurance company managing Asset Under Management (AUM) of Rs. 1 lakh+ Crore (Source: Max Life Public disclosure, FY 21-22)
Max Life Pension Fund Management Ltd. registered as a Pension Fund Manager (PFM) under Pension Fund Regulatory & Development Authority (PFRDA) to manage pension corpus for the subscribers of NPS. The team at Max Life Pension Fund Management are a group of seasoned executives with extensive experience and are well equipped in investing & managing diversified asset classes.
Experience of managing high AUM
Over the last 2 decades, Max Life Insurance’s total assets under management have grown over Rs. 1 lakh Cr., which is a testament to consistent and long-term performance of the portfolio .
Robust investment portfolio
Max Life Insurance’s current product portfolio includes the entire spectrum of investments, starting from accumulation to annuitization of savings through endowment, pension, non-par savings, ULIP and annuity products

Vision
We envisage the financial independence of our customers by being the most admired longevity finance solution experts and securing their future

Mission
To strive to provide best-in-class digital services to our customers for their retirement financial planning needs
To serve our customers through apt retirement financial road map and commitment to doing what is right
To offer professionally managed industry best returns and services, conveniently
To be a strong socially relevant business offering best value added and innovation services to our customers

Values
Sevabhav
We encourage a culture of service and helpfulness so that our actions positively impact society. Our commitment to Seva defines and differentiates us. Positive Social Impact | Helpfulness | Culture of Service | Mindfulness
Excellence
We gather the experts and the expertise to deliver the most optimum retirement solutions for you. We never settle for good enough.
Expertise
Dependability | Entrepreneurship | Business Performance
Credibility
We give you our word and we stand by it, no matter what. A “NO” uttered with the deepest conviction is better than a “YES” merely uttered to please, or worse, to avoid trouble. Our words are matched by our actions and behavior. Transparency | Integrity | Respect | Governance
INVESTMENT PHILOSOPHY
The investment philosophy of Max Life Pension Fund Management Ltd aims to maximize risk adjusted returns on a consistent and long-term basis. The overall investment strategy adheres to guidelines as released by PFRDA.
Our focus is on generating adequate returns on subscriber investments while complying with norms pertaining to overall ‘Risk management’, ‘Compliance and Corporate Governance’,‘Conflict of Interest’ and all other required protocols.
Investments across asset classes are made to maximize returns while managing all market and portfolio related risks. Fixed Income investments consider Interest rate risk, Credit risk and Liquidity risk. Equity investments are made in stocks from the pre-approved investment universe provided by PFRDA.
BOARD OF DIRECTORS

Mr. Prashant Tripathy
A seasoned professional with over two decades of experience across Finance, Strategy, Operations, Risk Management and Investor Relations, Mr. Prashant Tripathy leads Max Life Insurance as the Managing Director & Chief Executive Officer. Having spent 15 years with the Company, Prashant was earlier the Chief Financial Officer of the Company, spearheading Financial Management and the Corporate Strategy, as well as playing a critical role in managing Investor Relations and Communications for Max Financial Services Ltd., the parent company of Max Life Insurance. Prior to joining Max Life, Prashant was associated with GE and Genpact for eight years in India as well as in the UK. Prashant holds a degree in Engineering from IIT Kharagpur and is a Post Graduate in Management from IIM Bangalore.

Mr. K. Narasimha Murthy
Mr. K Narasimha Murthy is a Non-Executive Independent Director of Max Healthcare. He has been a director in various companies such as IDBI Bank Limited, UTI Bank Limited. He is also a member of the Informal Advisory Committee, Department of Corporate Affairs, Government of India. Additionally, he has been nominated as a member convener on the Implementation & Monitoring Committee on Audit Reforms in Public Sector Banks by the Government of India. He is a qualified chartered accountant and a cost and works accountant

Mr. Ashok Kacker
Mr. Ashok Kacker is former Chief Commissioner of Income Tax. He took voluntary retirement in 2007, after working for more than three decades with Income Tax Department, Government of India (GoI). During his services with GOI he held important senior position both in executive capacities as well as in policy formulation role including 6 year stint as Executive Director with Securities and Exchange Board of India. He is currently, Founder & Managing Partner of A. K. Advisors and Consultants, providing financial consultancy services. He is on board of directors of several companies, which includes Max India Limited, Umrao Institute of Medical Science and Research Trust, Samco Asset Management Company Ltd. In past he has served on Board of Indiabulls Asset Management Co Ltd, Indiabulls Industrial Infrastructure Ltd, Mahindra Satyam amongst others. He holds a Master’s degree in Physics from the University of Allahabad where he topped his class in 1972. His directorships: LEAP INDIA FOOD & LOGISTICS PRIVATE LIMITED, SAMCO ASSET MANAGEMENT PRIVATE LIMITED, INB SERVICES PRIVATE LIMITED, WATER SYSTEMS & INFRASTRUCTURE DEVELOPMENT SERVICES PRIVATE LIMITED, BAS ENTERPRISES PRIVATE LIMITED, SALINS COMMODITIES PRIVATE LIMITED, PRIME SECURITIES LIMITED, MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITED, DELHI GUEST HOUSES PVT LTD, GOLDEN GREENS GOLF AND RESORTS LIMITED, PRIME RESEARCH AND ADVISORY LIMITED, MAX INDIA LIMITED, K SERA SERA ARYAVEER ENTERTAINMENT LLP (partner), Underlined are part of Max Group companies

Ms. Sonu Bhasin
Ms. Sonu Bhasin has over 35 years of corporate experience including a substantial part in Banking and Financial services industry. She was associated with TATA group for 13 years. She was a part of management teams as Business Head at ING Vysya Bank, Axis Bank and Yes Bank. She has been associated with various companies as independent board member and also serves as a member of advisory board. She holds an MBA and a degree in B.Sc. (Hons.), Mathematics.