Pension regulator PFRDA in coordination with SEBI has now enabled the National Pension System (NPS) subscribers to view their pension fund corpus along with their demat securities and mutual fund holdings under a single consolidated account statement (CAS), reported Business Line.
This functionality that will benefit over 1.35 crore NPS subscribers, is expected to provide a simplified and secured way to stay informed on NPS investments through CAS.
Currently, CAS, which is provided by National Securities Depository Ltd and Central Depository Services Ltd, offers a consolidated view of personal investments in the securities market with updated mark to market values.
Till date, nearly 50,000 NPS subscribers have already evinced interest and provided their consent to avail the facility of viewing their NPS corpus under CAS, sources said.
