News > Pension funds ride high on equity bull run, 1-year returns surge to 28.66%
Pension funds ride high on equity bull run, 1-year returns surge to 28.66%
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23/02/2024 09:32 PM | Click to read full article
This average annual return of 28.66% in equities is more than triple the return of about 8.17% seen in Corporate Bonds, much higher than the 9.91% in the government securities and about 11.60% in Central and 11.56% in State government schemes, PFRDA data showed. Over the last three-year period, the seven pension funds have generated an average return of 15.84%. The average return from equities since the inception of NPS stood at 13.45%.