NPS Bharat FoF Platform is a centralized Fund-of-Funds mechanism that acts as a single-window interface for onboarding, evaluating, investing in, and monitoring eligible Alternative Investment Funds (AIFs) on behalf of NPS Trust, ensuring standardized due diligence, coordinated investments, and ongoing oversight.
SEBI-registered Category I and Category II Alternate Investment Funds (AIFs) as per Pension Fund Regulatory Development Authority (PFRDA) investment guidelines
The NB-FoF is sector-agnostic. Investments may span across sectors such as but not limited to:
The emphasis for the selection shall be:
The corpus of the NBV–FoF is based on PFRDA-permitted limits for alternative investments under NPS. Pension Funds may invest up to 5% of Scheme E & C AUM for the Non-Government Sector and up to 1% of AUM in AIFs for the Government Sector. The FoF corpus will be created within these limits based on actual allocations by participating Pension Funds.
AIFs with a target corpus of ₹100 Crore or more are eligible to apply for consideration under the FoF platform.
AIFs can only apply through the “Apply Now” Button on the Platform Website. Eligible AIFs who pass self-assessment score can apply along with details of their ….. in the Apply Now
No, as per Section 25 of the PFRDA Act, 2013, Alternative Investment Fund (AIF) cannot invest in securities of Companies or Funds incorporated and operated outside India
As per extant PFRDA guidelines:
Note: The regulatory ceiling also includes investment Gold/Silver & REITs/InvITs
No, shortlisting does not guarantee capital commitment. It is a two-stage selection process. Final commitment depends on:
Registration → Self-Assessment → Submission of Application → Screening Committee → Pension Funds Investment Committee → Documentation → Onboarding of AIFs