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SOT Notes

1. The 'Investment Details' section gives an overall status of the total contribution processed under the account and the returns accrued.

2. 'Notional Gain / Loss' indicates the overall gain or loss after factoring for the withdrawals processed in the account.

3. 'Total Net Contributions' indicates the cost of units currently held in the PRAN account.

4. 'Unrealized Gain / Loss' indicates the gain / loss in the account for the current units balance in the account.

5. Returns based on Inflows' gives the annualized effective compounded return rate in PRAN account and is calculated using the formula of XIRR. The calculation is done considering all the contribution / redemptions processed in PRAN account since inception and the latest valuation of the investments. The transactions are sorted based on the NAV date.

6. 'Changes made during the selected period' indicates all the change requests processed in PRAN account during the period for which the statement is generated.

7. The section 'Contribution / Redemption Details' gives the details of the contributions and redemption processed in subscribers' account during the period for which the statement is generated. While contribution amount indicates the amount invested in subscribers account, the redemption amount indicates the cost of units redeemed from the account. The cost of units is calculated on a First-In-First-Out (FIFO) basis. The details are sorted based on date when the transaction is posted in PRAN account, which may / may not be the date for allotment of the NAV.

8. 'Transaction Details' gives the units allotted under different schemes / asset classes for each of the contributions processed in subscribers' account during the period for which the statement is generated. It also contains units debited from the account for redemption and rectification. The details are sorted based on date when the transaction is posted in PRAN account, which may / may not be the date for allotment of the NAV.

9. The Amount in the Closing Balance under the section 'Transaction Details' gives the cost of investment of the balance units and not a sum total of all contribution and withdrawal. The cost of units is calculated on a First-In-First-Out (FIFO) basis.

10. For transactions with the remarks 'To Unit Redemption', the cost of units redeemed are adjusted against the total contribution in the Investment Details section. Further, the cost of units is calculated on a First-In-First-Out (FIFO) basis. For calculating the 'Returns based on Inflows', the actual redemption value corresponding to the units redeemed has been considered.

11. The Transaction statement is dynamic. The value and other computations in the Transaction statement depend upon the generation date.

12. The above returns are calculated based on scheme NAVs and the securities held under the scheme portfolio are valued on mark to market basis and are subject to change on NAV fluctuations.

13. Further, an additional deduction from your taxable income to the extent of Rs. 50,000/- is available only for contribution in NPS u/s Sec. 80 CCD (1B). To give an example, your salary is Rs.15 lac per annum. On contribution of Rs. 2 lac, you can avail: Deduction under Sec. 80 CCD (1) - Rs. 1.50 lac Deduction under Sec. 80 CCD (1B) - Rs. 0.50 lac Total deduction - Rs. 2.00 lac

Also note that your employer's contribution upto 10% of your salary is fully deductible from your taxable income.

Any applicable tax benefits should be confirmed with your CA or tax expert.

14. The variations, if any, in Total Contribution in ‘Investment details’ and ‘Contribution/Redemption details’ tables in your statement is due to the transactions like Billing, Rebalancing and Scheme Change is being displayed due Subscribers where there is such difference

15. Below are the applicable fees and charges (excluding applicable taxes) levied on NPS Subscribers

Intermediary Charge head Service Charges (in INR excluding Taxes) Mode of Deduction
CRA (Charge structure applicable from 01.10.2025) PRA Opening through Physical PRAN Kit / ePRAN Kit For physical PRAN Kit - Rs. 40 Through cancellation of units / Invoice
For ePRAN Kit - Rs. 18
Charge per transaction NIL
Annual Account Maintenance Charge per Account (AMC)- Government Sector Rs 100.00
($)For Private Sector (NPS & NPS Vatsalya), Tier I Corpus Slab wise Sector

Annual Account Maintenance Charge per Account (AMC) 		AUM SLAB Amount
NIL 0
1 - 2,00,000 100
2,00,001 - 10,00,000 150
10,00,001 - 25,00,000 300
25,00,001 - 50,00,000 400
Above 50,00,000 500
For the Private Sector :-
(i) a pension scheme resides in an Account and each Account attracts a charge based on slab-wise corpus, as detailed in above Table
For Subcribers registered under Account aggregator under “NPS eshramik (Platform Service Partner) Model” will be charged Rs 15/- per Annum.
POP (Charge structure applicable from 01.01.2026 ) for Common Schemes under NPS for Legal Entities ($ other than Government) (i)First Year of subscribers onboarding for Common Schemes

All Citizen including NPS Vatsalya and NPS Lite 		Rs. 200/-* per new account (equivalent of Rs. 50/- on quarterly basis will be deducted through cancellation of units by CRA/s and payable to PoP in the month subsequent to the quarter in which on-boarding is completed)

*Where subscriber onboarding is undertaken through a fully digital and non-face-to-face mode, between the Point of Presence (PoP) and the subscriber, a reduced one-time onboarding charge of Rs.100/- may be applicable, as may be determined by the Authority at the time of registration of PoP and thereafter 		Through cancellation of units at the end of each quarter
(ii) Annual Charges for the employees/ members under Legal Entities (other than Government)

AND

All Citizen including NPS Vatsalya and NPS Lite 		0.20% p.a. of the AUM to be adjusted through NAV and payable to PoP on quarterly basis, in accounts other than Dormant accounts (^).This shall be applicable to all existing NPS accounts as well.

It may be noted that subscribers onboarded through a POP and making subsequent contributions through e-NPS or D-Remit, shall be liable to pay PoP charges as prescribed

(^) Dormant account is defined as such account where subsequent to a contribution in a quarter, there is no contribution for four consecutive quarters as identified at the end of each quarter.

PoPs having their own employees as NPS subscriber may exercise their choice to recover or not to recover PoP charges as per their internal approved policy
(iii) POP and PFM charges for MSF will be between 0.30% to 0.40% of the AUM and will collected using the NAV reduction method. These charges will not appear on the SOT.
(iv) GST or other taxes as applicable, shall be additional.
(v) Note : No other charges will be levied by the POP
($) Corporates” under NPS are reclassified into: (i) Legal Entities (other than Government), and (ii)Government Entities. For this purpose, a “Government Entity” shall include statutory body or a Government Company or any Body Corporate or any other entity under the ownership and control of either Central or any State Government (including Central Public Sector Enterprises (CPSEs) and State Public Sector Enterprises (SPSEs).
Pension Fund Slabs of AUM managed by the Pension Fund Maximum Investment Management Fee(IMF) Adjustment in NAV of Scheme
Upto 10,000Cr. 0.09%*
10,001 - 50,000 Cr. 0.06%
50,001 - 1,50,000 Cr. 0.05%
Above 1,50,000 Cr. 0.03%
*UTI Retirement Solutions Ltd Charges a fee of 0.07% under this slab.
The IMF to be charged by the Pension Fund on the slab structure would be on the aggregate AUM of the Pension Fund under all schemes managed by Pension Funds.
Brokerage fee up to 3 basis points is also included in the Pension Fund Charges
Custodian Asset Servicing charges 0.0032% p.a for Electronic segment & Physical segment
NPST Reimbursement of Expenses 0.003% p.a (effective 13th November 2023) Through AUM


16. The information on NPS schemes returns can view by referring to URL: https://npstrust.org.in/weekly-snapshot-nps-schemes

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