: Earlier NSDL e-Governance Infrastructure was the only Central Recordkeeping Agency (CRA) for NPS subscribers, but now PFRDA has appointed Karvy Computershare as well. Investment management fee Custodian fee. NPS trust feeYour money in NPS is being managed by the pension fund managers such as ICICI Prudential Pension Fund, LIC Pension Fund, Kotak Mahindra Pension Fund, Reliance Capital Pension Fund etc. Currently, the investment management fee is 0.01 per cent of the funds, which is just Rs 100 to manage a corpus of Rs 10 lakh. A low fund management fee goes a long way in creating a big corpus for the investor as a lower amount eats to into the returns that are generated.
Source: Economic Times November 25, 2017 05:03 UTC