{"id":14517,"date":"2025-09-21T21:38:59","date_gmt":"2025-09-21T21:38:59","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/21\/pfrda-launches-new-nps-multiple-scheme-7-key-points-you-should-know-savings-and-investments-news\/"},"modified":"2025-09-21T21:38:59","modified_gmt":"2025-09-21T21:38:59","slug":"pfrda-launches-new-nps-multiple-scheme-7-key-points-you-should-know-savings-and-investments-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/21\/pfrda-launches-new-nps-multiple-scheme-7-key-points-you-should-know-savings-and-investments-news\/","title":{"rendered":"PFRDA Launches New NPS Multiple Scheme: 7 Key Points You Should Know | Savings and Investments News"},"content":{"rendered":"


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PFRDA to launch Multiple Scheme Framework for NPS non-govt sector from Oct 1, 2025, offering diverse schemes and capped charges for subscribers.<\/h2>\n
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\"PFRDA<\/p>\n

PFRDA introduces MSF under NPS. <\/p>\n<\/figure>\n

In a major overhaul to the National Pension Scheme (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Multiple Scheme Framework (MSF) for non-government sector (NGS) subscribers. It will be effective from October 1, 2025, which coincides with \u2018NPS Diwas\u2019, and applies to non-government sector subscribers (corporate employees, professionals, self-employed and gig\/platform workers).<\/p>\n

Top 7 Features Of MSF Under NPS:<\/h3>\n

1. The reform, introduced under Section 20(2) of the PFRDA Act, 2013, will allow subscribers such as corporate employees, professionals, self-employed individuals, and gig economy workers to access and manage multiple schemes under a single Permanent Account Number (PAN). Earlier, subscribers could operate only one investment choice per tier.<\/p>\n

Earlier, they had the option to choose one investment per tier, which now leads to greater diversification and personalization.<\/p>\n

2. MSF allows persona-targeted schemes possible for gig workers, professionals, entrepreneurs and corporate employees.<\/p>\n

3. Risk variants: They can select moderate and high (Up to 100% equity in high-risk). PFs may also introduce low-risk.<\/p>\n

4. There is a provision of standardized naming convention. Thus, it must include NPS + objective.<\/p>\n

5. Charges are now capped at 0.30 per cent of AUM annually with extra 0.10 per cent incentive to PFs if 80 per cent of subscribers are new (Valid for 3 years or till 50 lakh enrollments).<\/p>\n

6. Exit provisions remain under existing PFRDA regulations. Moreover, switching is allowed from new MSF schemes to common schemes, but not between new schemes until 15 years vesting (or retirement\/exit).<\/p>\n

7. PFs need PFRDA approval for new schemes, along with the mandatory Risk-o-meter for each scheme. Performance of these schemes will be benchmarked against market indices. Standard document \u201cNPS Scheme Essentials” to disclose details (objective, risks, charges, benchmarks, etc.).<\/p>\n

For the NPS ecosystem, the MSF is expected to expand outreach and inclusivity, strengthen trust, and align India\u2019s pension architecture with global best practices.<\/p>\n

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\"Varun<\/figure>\n

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Varun Yadav<\/a><\/p>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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First Published:<\/span><\/p>\n
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September 18, 2025, 06:30 IST<\/p>\n<\/div>\n<\/div>\n

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Last Updated:September 18, 2025, 06:30 IST PFRDA to launch Multiple Scheme Framework for NPS non-govt sector from Oct 1, 2025, offering diverse schemes and capped charges for subscribers. PFRDA introduces MSF under NPS. In a major overhaul to the National Pension Scheme (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Multiple…<\/p>\n","protected":false},"author":1,"featured_media":14518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-14517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/14517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=14517"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/14517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/14518"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=14517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=14517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=14517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}