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PFRDA's Magical Quest: NPS Fund-of-Funds Adventure Awaits

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PFRDA's Magical Quest: NPS Fund-of-Funds Adventure Awaits

Hear ye, hear ye! The PFRDA conjures a spellbinding NPS fund-of-funds, a magical portal to channel pension gold into enchanted AIFs! With Sebi declaring REITs as equity, wise wizard S Ramann seeks a shimmering, transparent platform for our patient capital. Join the quest for long-term treasures, as we embark on a journey to boost India's private market growth with a sprinkle of oversight magic!

few days ago | Press Trust of India

Quick rundown

1.PFRDA is launching a new platform for pension funds to invest in alternative assets.
2.The classification of investment instruments has been clarified to enhance governance.
3.Ramann highlights the need for long-term investment strategies in India's capital market.
4.A well-diversified AIF portfolio can yield beneficial outcomes for pension subscribers.
5.The initiative aims to strengthen domestic capital as a cornerstone for India's growth.