See what an annual percentage charge and fixed yearly fees cost on your NPS or pension corpus in rupees.
How to use it. Enter your NPS balance, the total percentage charged on assets each year and any fixed rupee charges. Asset-based charges include the investment management fee of the pension fund and the small custodian and regulatory charges, which are deducted from the fund's value (NAV) rather than billed to you. Fixed charges include the central recordkeeping agency's account maintenance charge, which is deducted by cancelling units. Point-of-presence (bank or broker) charges on each contribution are not included, so add them separately if you contribute through a branch.
Formula. Charges = corpus × % ÷ 100 + fixed charges. The default 0.12% matches the highest slab of the fund management fee reported for non-government schemes from 1 April 2026; the slab applied to your fund depends on the fund's total assets, so check your pension fund's disclosures. The ₹100 fixed charge is illustrative.
Worked example (illustrative). On ₹15,00,000, 0.12% is ₹1,800 a year, plus ₹100 of fixed charges: ₹1,900. Over 25 years on a growing balance the total runs into lakhs, which is why even small percentage differences matter.
Limits. Charges change by PFRDA circular. This tool shows one year only and does not model growth. See the NPS charges guide.
Pension rules, charges and 2026 changes
What NPS really costs you: the pension fund fee slabs from April 2026, CRA account charges, PoP charges on contributions, and how small percentages add up over decades.
