Skip to content
WealthTicker
National Pension System

NPS returns

Every scheme of all 10 pension fund managers, with 1, 3, 5 and 10-year returns to 01 Oct 2026.

In an active-choice NPS account you pick one pension fund and split your money across Scheme E (equity), C (corporate debt) and G (government bonds). The tables compare the same scheme across every pension fund, so the choice of manager is the only difference.

Scheme E — Tier I

10

Equity: mostly shares of large listed companies.

Pension fundNAV1Y3Y5Y10YSince launch
Tata Pension Fund15.08-4.87%+9.72%——+10.54%
19 Aug 2022
ICICI Pension Fund69.55-4.60%+8.96%+8.64%+11.89%+11.79%
05 May 2009
UTI Pension Fund67.06-7.22%+8.86%+8.45%+11.58%+11.56%
05 May 2009
Kotak Mahindra Pension Fund63.43-7.55%+8.34%+8.40%+11.77%+11.20%
05 May 2009
HDFC Pension Fund50.63-5.68%+8.19%+7.80%+11.99%+13.02%
01 Jul 2013
Aditya Birla Sunlife Pension Fund27.21-4.01%+8.03%+8.08%—+11.23%
05 May 2017
LIC Pension Fund41.87-6.93%+7.16%+7.63%+10.76%+11.36%
04 Jun 2013
Axis Pension Fund13.53-6.75%+7.00%——+7.96%
21 Oct 2022
SBI Pension Funds53.26-4.76%+6.44%+7.01%+10.66%+10.10%
05 May 2009
DSP Pension Fund Managers11.88-8.26%———+6.50%
26 Dec 2023

Scheme C — Tier I

10

Corporate debt: bonds of companies and public-sector undertakings.

Pension fundNAV1Y3Y5Y10YSince launch
HDFC Pension Fund30.75+4.75%+7.57%+6.59%+7.76%+8.86%
01 Jul 2013
Kotak Mahindra Pension Fund44.50+5.07%+7.50%+6.37%+7.13%+8.97%
05 May 2009
SBI Pension Funds46.52+4.86%+7.49%+6.41%+7.54%+9.24%
05 May 2009
ICICI Pension Fund46.34+4.88%+7.47%+6.44%+7.55%+9.22%
05 May 2009
UTI Pension Fund41.17+4.96%+7.46%+6.34%+7.30%+8.48%
05 May 2009
Tata Pension Fund13.13+4.19%+7.29%——+6.89%
19 Aug 2022
Axis Pension Fund13.15+4.59%+7.26%——+7.24%
21 Oct 2022
Aditya Birla Sunlife Pension Fund20.49+4.31%+7.24%+6.31%—+7.95%
05 May 2017
LIC Pension Fund29.72+4.35%+7.13%+6.14%+7.33%+8.53%
04 Jun 2013
DSP Pension Fund Managers12.13+4.81%———+7.31%
26 Dec 2023

Scheme G — Tier I

10

Government securities: central and state government bonds.

Pension fundNAV1Y3Y5Y10YSince launch
Aditya Birla Sunlife Pension Fund19.39+2.44%+6.62%+5.95%—+7.32%
05 May 2017
SBI Pension Funds41.73+2.32%+6.57%+5.79%+6.98%+8.57%
05 May 2009
UTI Pension Fund37.26+2.28%+6.50%+5.83%+6.77%+7.86%
05 May 2009
LIC Pension Fund31.12+2.17%+6.47%+5.78%+7.50%+8.91%
04 Jun 2013
ICICI Pension Fund38.42+2.58%+6.38%+5.68%+6.85%+8.05%
05 May 2009
Axis Pension Fund12.82+2.06%+6.15%——+6.49%
21 Oct 2022
HDFC Pension Fund28.52+1.98%+6.13%+5.51%+6.87%+8.25%
01 Jul 2013
Tata Pension Fund12.86+1.57%+5.96%——+6.36%
19 Aug 2022
Kotak Mahindra Pension Fund37.86+1.82%+5.90%+5.45%+6.75%+7.96%
05 May 2009
DSP Pension Fund Managers11.80+1.88%———+6.26%
26 Dec 2023

Scheme A — Tier I

10

Alternative investment funds, REITs and InvITs.

Pension fundNAV1Y3Y5Y10YSince launch
Axis Pension Fund10.00-22.11%-1.92%——0.00%
21 Oct 2022
Tata Pension Fund10.00-31.14%-2.37%——0.00%
19 Aug 2022
Aditya Birla Sunlife Pension Fund10.00-45.85%-11.42%-4.85%—0.00%
05 May 2017
UTI Pension Fund10.00-52.60%-12.38%-6.15%0.00%0.00%
10 Oct 2016
Kotak Mahindra Pension Fund10.00-50.30%-12.78%-6.82%0.00%0.00%
10 Oct 2016
ICICI Pension Fund10.00-51.90%-13.21%-6.58%—0.00%
18 Nov 2016
LIC Pension Fund10.00-50.53%-15.02%-7.33%0.00%0.00%
10 Oct 2016
HDFC Pension Fund10.00-56.48%-16.47%-7.78%0.00%0.00%
10 Oct 2016
SBI Pension Funds10.00-56.92%-16.77%-8.90%0.00%0.00%
10 Oct 2016
DSP Pension Fund Managers10.00-11.31%———0.00%
27 Dec 2023

Scheme E — Tier II

10

The equity scheme in the withdrawable Tier II account.

Pension fundNAV1Y3Y5Y10YSince launch
Tata Pension Fund15.00-5.13%+9.55%——+10.39%
19 Aug 2022
ICICI Pension Fund54.92-4.31%+8.75%+8.64%+11.94%+10.66%
30 Nov 2009
Aditya Birla Sunlife Pension Fund27.57-3.97%+8.60%+8.50%—+11.40%
05 May 2017
HDFC Pension Fund44.00-4.96%+8.46%+7.98%+12.07%+11.84%
01 Jul 2013
Kotak Mahindra Pension Fund55.82-7.31%+8.41%+8.46%+11.73%+10.77%
30 Nov 2009
UTI Pension Fund53.90-6.79%+8.28%+7.94%+11.61%+10.54%
30 Nov 2009
Axis Pension Fund13.81-6.58%+7.72%——+8.58%
21 Oct 2022
LIC Pension Fund34.78-7.08%+6.94%+7.47%+10.59%+9.82%
04 Jun 2013
SBI Pension Funds49.73-4.89%+6.78%+7.26%+10.80%+10.01%
30 Nov 2009
DSP Pension Fund Managers11.48-9.79%———+5.19%
27 Dec 2023

Scheme C — Tier II

10

Corporate debt, Tier II.

Pension fundNAV1Y3Y5Y10YSince launch
HDFC Pension Fund28.67+4.64%+7.42%+6.44%+7.63%+8.27%
01 Jul 2013
SBI Pension Funds41.55+4.73%+7.38%+6.14%+7.26%+8.83%
30 Nov 2009
ICICI Pension Fund42.87+4.62%+7.35%+6.36%+7.45%+9.03%
30 Nov 2009
UTI Pension Fund39.20+4.53%+7.24%+6.20%+7.23%+8.45%
30 Nov 2009
Kotak Mahindra Pension Fund38.58+4.79%+7.20%+6.14%+7.20%+8.35%
30 Nov 2009
Axis Pension Fund12.99+4.84%+7.20%——+6.85%
21 Oct 2022
LIC Pension Fund28.26+4.36%+7.14%+6.11%+7.43%+8.11%
04 Jun 2013
Aditya Birla Sunlife Pension Fund19.70+4.48%+7.12%+6.26%—+7.50%
05 May 2017
Tata Pension Fund13.18+3.69%+7.02%——+6.93%
19 Aug 2022
DSP Pension Fund Managers12.32+4.25%———+7.84%
27 Dec 2023

Scheme G — Tier II

10

Government securities, Tier II.

Pension fundNAV1Y3Y5Y10YSince launch
SBI Pension Funds40.33+3.84%+7.25%+6.15%+7.09%+8.65%
30 Nov 2009
Aditya Birla Sunlife Pension Fund18.70+3.08%+6.71%+5.99%—+6.90%
05 May 2017
LIC Pension Fund31.80+2.29%+6.65%+5.94%+7.71%+9.08%
04 Jun 2013
UTI Pension Fund38.34+2.53%+6.57%+5.86%+6.82%+8.32%
30 Nov 2009
ICICI Pension Fund37.02+2.57%+6.46%+5.77%+6.88%+8.08%
30 Nov 2009
HDFC Pension Fund29.11+2.18%+6.43%+5.66%+6.85%+8.41%
01 Jul 2013
Axis Pension Fund12.72+2.28%+6.38%——+6.34%
21 Oct 2022
Tata Pension Fund12.98+2.04%+6.04%——+6.59%
19 Aug 2022
Kotak Mahindra Pension Fund35.01+1.73%+5.89%+5.43%+6.63%+7.74%
30 Nov 2009
DSP Pension Fund Managers11.87+3.13%———+6.48%
27 Dec 2023

Central Government

3

The default scheme for central government employees.

Pension fundNAV1Y3Y5Y10YSince launch
UTI Pension Fund48.36+0.95%+6.76%+6.14%+7.65%+8.89%
01 Apr 2008
LIC Pension Fund48.49+0.73%+6.63%+6.12%+7.60%+8.91%
01 Apr 2008
SBI Pension Funds49.71+1.07%+6.59%+6.11%+7.58%+9.06%
01 Apr 2008

State Government

3

The default scheme for state government employees.

Pension fundNAV1Y3Y5Y10YSince launch
UTI Pension Fund43.06+0.99%+6.79%+6.16%+7.62%+8.65%
27 Feb 2009
LIC Pension Fund43.15+0.74%+6.64%+6.12%+7.54%+8.67%
27 Feb 2009
SBI Pension Funds42.66+1.16%+6.60%+6.09%+7.54%+8.60%
27 Feb 2009

Corporate CG

2

Corporate subscribers on the government pattern of investment.

Pension fundNAV1Y3Y5Y10YSince launch
SBI Pension Funds31.58+0.86%+6.48%+6.01%+7.53%+8.61%
01 Nov 2012
LIC Pension Fund31.88+0.54%+6.47%+6.06%+7.52%+8.69%
01 Nov 2012

Unified Pension Scheme — CG

3

Central government employees who chose the UPS.

Pension fundNAV1Y3Y5Y10YSince launch
SBI Pension Funds10.41+1.55%———+2.69%
31 Mar 2025
UTI Pension Fund10.33+0.71%———+2.21%
31 Mar 2025
LIC Pension Fund10.12-0.04%———+0.82%
31 Mar 2025

Unified Pension Scheme — Pool

3

The UPS pool corpus.

Pension fundNAV1Y3Y5Y10YSince launch
LIC Pension Fund10.31+3.18%———+2.50%
30 Jun 2025
UTI Pension Fund10.38+2.51%———+3.01%
30 Jun 2025
SBI Pension Funds10.28+0.32%———+2.24%
30 Jun 2025

Atal Pension Yojana

3

The guaranteed-pension scheme for unorganised-sector workers.

Pension fundNAV1Y3Y5Y10YSince launch
UTI Pension Fund24.72+0.97%+6.77%+6.10%+7.61%+8.31%
29 May 2015
LIC Pension Fund24.71+0.60%+6.58%+6.10%+7.61%+8.30%
29 May 2015
SBI Pension Funds24.09+1.05%+6.47%+5.97%+7.68%+8.06%
29 May 2015

APY Fund

3

The APY fund scheme.

Pension fundNAV1Y3Y5Y10YSince launch
LIC Pension Fund12.74+1.05%+6.80%——+7.03%
10 Mar 2023
UTI Pension Fund12.78+1.00%+6.80%——+7.12%
10 Mar 2023
SBI Pension Funds12.51+1.19%+6.47%——+6.48%
10 Mar 2023

NPS Lite

4

The low-cost scheme on the government pattern of investment.

Pension fundNAV1Y3Y5Y10YSince launch
SBI Pension Funds40.40+1.98%+6.79%+6.25%+7.63%+9.11%
16 Sep 2010
UTI Pension Fund39.92+1.04%+6.67%+6.08%+7.61%+9.03%
16 Sep 2010
Kotak Mahindra Pension Fund34.78+0.12%+6.59%+6.09%+7.49%+8.08%
16 Sep 2010
LIC Pension Fund39.97+0.55%+6.39%+6.00%+7.66%+9.03%
16 Sep 2010

NPS Vatsalya

10

The NPS account parents open for a minor.

Pension fundNAV1Y3Y5Y10YSince launch
SBI Pension Funds9.59————-4.10%
23 Jan 2026
UTI Pension Fund9.45————-5.48%
23 Jan 2026
LIC Pension Fund9.61————-3.88%
23 Jan 2026
Kotak Mahindra Pension Fund9.26————-7.43%
23 Jan 2026
ICICI Pension Fund9.39————-6.14%
23 Jan 2026
HDFC Pension Fund9.48————-5.22%
23 Jan 2026
Aditya Birla Sunlife Pension Fund9.42————-5.85%
23 Jan 2026
Tata Pension Fund9.61————-3.85%
23 Jan 2026
Axis Pension Fund9.36————-6.39%
23 Jan 2026
DSP Pension Fund Managers9.34————-6.62%
23 Jan 2026

Tier II Tax Saver

10

The Tier II scheme with an 80C deduction and a three-year lock-in, for central government employees.

Pension fundNAV1Y3Y5Y10YSince launch
ICICI Pension Fund14.82+1.63%+7.39%+6.63%—+6.64%
17 Aug 2020
SBI Pension Funds13.93+1.86%+7.04%+5.94%—+5.57%
17 Aug 2020
HDFC Pension Fund14.45+1.52%+7.00%+6.32%—+6.20%
17 Aug 2020
LIC Pension Fund14.89+0.61%+6.84%+6.80%—+6.72%
17 Aug 2020
Kotak Mahindra Pension Fund14.89-0.47%+6.58%+6.12%—+6.72%
17 Aug 2020
UTI Pension Fund14.24+1.24%+6.49%+6.60%—+5.95%
17 Aug 2020
Aditya Birla Sunlife Pension Fund14.97+1.03%+6.41%+6.50%—+6.82%
17 Aug 2020
Tata Pension Fund12.81-1.67%+6.35%——+6.19%
19 Aug 2022
Axis Pension Fund11.89+0.01%+3.98%——+4.49%
21 Oct 2022
DSP Pension Fund Managers11.80+6.14%———+6.26%
12 Jan 2024

Tier II Composite

3

The composite scheme in the Tier II account.

Pension fundNAV1Y3Y5Y10YSince launch
SBI Pension Funds11.27+2.99%———+5.03%
23 Apr 2024
UTI Pension Fund11.25+2.60%———+4.95%
23 Apr 2024
LIC Pension Fund11.01+0.94%———+4.03%
23 Apr 2024

NPS Sanchay

10

A newer NPS scheme.

Pension fundNAV1Y3Y5Y10YSince launch
SBI Pension Funds10.10————+0.98%
10 Jun 2026
UTI Pension Fund10.19————+1.89%
10 Jun 2026
LIC Pension Fund10.07————+0.71%
10 Jun 2026
Kotak Mahindra Pension Fund9.93————-0.67%
10 Jun 2026
ICICI Pension Fund10.13————+1.31%
10 Jun 2026
HDFC Pension Fund10.08————+0.76%
10 Jun 2026
Aditya Birla Sunlife Pension Fund10.13————+1.27%
10 Jun 2026
Tata Pension Fund9.86————-1.41%
10 Jun 2026
Axis Pension Fund10.19————+1.92%
10 Jun 2026
DSP Pension Fund Managers10.01————+0.07%
10 Jun 2026

NPS Swasthya

2

A newer NPS scheme linked to health expenses.

Pension fundNAV1Y3Y5Y10YSince launch
Tata Pension Fund10.23————+2.26%
06 Apr 2026
Axis Pension Fund10.27————+2.72%
06 Apr 2026

Multiple Scheme Framework — Tier I

16

Each pension fund's own named product, launched under PFRDA's 2025 framework.

Pension fundNAV1Y3Y5Y10YSince launch
ABSLPF Secure Future Fund - NPS - Tier I
Aditya Birla Sunlife Pension Fund
9.99-0.06%———-0.06%
13 Oct 2025
ABSLPF Secure Retirement Equity Fund - NPS - Tier I
Aditya Birla Sunlife Pension Fund
9.77-2.29%———-2.29%
30 Sep 2025
SBI NPS Jeevan Swarna Retirement Yojana - Life’S Golden Plan - Tier I
SBI Pension Funds
9.59-4.13%———-4.12%
30 Sep 2025
UTI PF Wealth Builder NPS Equity Scheme - Tier I
UTI Pension Fund
9.59-4.13%———-4.12%
30 Sep 2025
ICICI PF NPS Balanced Advantage Fund - Tier I
ICICI Pension Fund
9.45-5.46%———-5.45%
30 Sep 2025
HDFC PF NPS Surakshit Income Fund - Tier I
HDFC Pension Fund
9.30-7.03%———-7.02%
30 Sep 2025
LIC PFL NPS Smart Balance - Tier I
LIC Pension Fund
9.28-7.25%———-7.24%
30 Sep 2025
Axis NPS Golden Years Fund - Growth - Tier I
Axis Pension Fund
9.27-7.33%———-7.32%
30 Sep 2025
DSP NPS Long Term Equity Fund - Tier I
DSP Pension Fund Managers
9.20-8.02%———-8.01%
30 Sep 2025
Tata Pension Fund NPS Smart Retirement Fund - Tier I
Tata Pension Fund
9.17-8.26%———-8.24%
30 Sep 2025
Kotak NPS Kuber Equity Fund - Tier I
Kotak Mahindra Pension Fund
9.08-9.23%———-9.21%
30 Sep 2025
HDFC PF NPS Equity Advantage Fund - Tier I
HDFC Pension Fund
8.97-10.30%———-10.28%
30 Sep 2025
UTI PF Dynamic Asset Allocator NPS Scheme - Tier I
UTI Pension Fund
9.87————-1.33%
27 Oct 2025
LIC PFL NPS Growth Plus - Tier I
LIC Pension Fund
9.02————-9.78%
20 Nov 2025
Kotak NPS Atmanirbhar Balanced Fund - Tier I
Kotak Mahindra Pension Fund
9.67————-3.27%
09 Jun 2026
ICICI PF NPS Dream Equity Fund - Tier I
ICICI Pension Fund
9.12————-8.78%
31 Oct 2025

Multiple Scheme Framework — Tier II

3

MSF products in the Tier II account.

Pension fundNAV1Y3Y5Y10YSince launch
HDFC PF NPS Surakshit Income Fund - Tier II
HDFC Pension Fund
10.10+1.05%———+1.04%
30 Sep 2025
UTI PF Wealth Builder NPS Equity Scheme - Tier II
UTI Pension Fund
9.96-0.40%———-0.40%
30 Sep 2025
UTI PF Dynamic Asset Allocator NPS Scheme Tier II
UTI Pension Fund
10.08————+0.78%
27 Oct 2025

Multiple Scheme Framework — other

1

MSF products without a stated tier.

Pension fundNAV1Y3Y5Y10YSince launch
SBI NPS Akshay Dhara Retirement Yojana-Happy Retirement Plan
SBI Pension Funds
9.98-0.21%———-0.21%
13 Oct 2025

Source: NAVs published by NPS Trust, latest 01 Oct 2026. Returns over a year are CAGR; since-launch under a year is absolute. One row per pension fund, on the scheme's original (POP) variant — the newer Direct and GS variants are on each scheme's page. Sorted by 3-year return. Past returns do not predict future ones, and nothing here is advice.