🏛️ PFRDA Master Circular: Investment Guidelines 2025
The Pension Fund Regulatory and Development Authority (PFRDA) has released a new Master Circular dated 10th December 2025 regarding investment guidelines for the Government Sector. This applies to UPS, NPS, and APY schemes.
✦ Key Highlights for Govt Employees
- Schemes Covered: Central & State Govt (default), Corporate CG, NPS Lite, Atal Pension Yojana (APY).
- Flexibility Increased: The prescribed limits for different asset classes have been increased to provide more flexibility to Pension Funds.
- New Category: Includes fresh issuance of "Govt. of India- Fully Serviced Bonds" by PSUs under Extra Budgetary Resources.
📊 New Investment Pattern Limits
The circular defines the maximum permissible limits for various asset classes as follows:
| Asset Category | Description | Limit |
|---|---|---|
| Govt Securities | G-Secs, State Govt Securities, Fully Serviced Bonds | Up to 65% |
| Debt Instruments | Corporate Bonds, Basel III Tier-1 Bonds, Bank FDs (>1 yr) | Up to 45% |
| Short-term Debt | Money Market Instruments, T-Bills, Liquid Funds | Up to 10% |
| Equities | NIFTY 250 / BSE 250 Stocks, ETFs, Mutual Funds | Up to 25% |
| Misc. Assets | REITs, InvITs, AIFs (Category I & II) | Up to 5% |
📉 NPS Tier II - Tax Saver Scheme (NPS-TTS)
For Central Government employees subscribing to the NPS Tier II Tax Saver Scheme, the specific limits are:
- Equity: 10% - 25%
- Debt: Up to 90%
- Cash/Money Market: Up to 20%
Are you a Central Government Employee?
Don’t stay in the dark! Vital updates on Service Rules, Pension policies, and your career are happening right now.
Add as Preferred Source on Google
Follow us to ensure our latest exclusive reports appear first in your Google Search and Discover feed.
Comments
Post a Comment