India’s Pension AUM to grow to Rs 118 Tn by 2030 – DSP Pension Fund Managers
Mumbai, February, 2025.DSP Pension Fund Managers projects a substantial growth in India's pension assets under management (AUM), estimating a total of ₹118 trillion by 2030, with the National Pension System (NPS) expected to constitute approximately 25% of this total. This surge is anticipated to be fueled by evolving Indian demographics and their subsequent effects.India's elderly population is projected to increase 2.5 times by 2050, accompanied by a rising life expectancy rate post-retirement, averaging around 20 years. Currently, India's pension market is significantly under-penetrated, representing only 3% of the country's GDP. The retirement savings gap is expected to widen annually by 10%, potentially reaching approximately $96 trillion by 2050. Indian retail investors are i...
