NPS Trust will start recovering fee/charge @ 0.01% of the AUM on daily accrual basis – PFRDA
National Pension System Trust (NPS Trust)
1st floor, ICADR Building
Plot No.6, VasantKunj Institutional Area,Phase-II,New Delhi 110070
Notice to Subscribers
Notice is hereby given to all the subscribers under NPS that NPS Trust will start recovering fee/charge @ 0.01% of the AUM on daily accrual basis to meet its expenditure, with effect from 1st November, 2015 which has been approved by Pension Fund Regulatory and Development Authority.
New Delhi
19/10/2015
Dy.General Manager
NPS Trust
Source/View/Download from NPSTrust.org
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COMMENTS
If one trust start charging other pension funds will also charge which will be at the cost of subscribers