The UTI NPS calculator projects corpus and pension for NPS money managed by UTI Pension Fund Limited, one of the three default fund managers for Central and State Government employees.
UTI Pension Fund at a glance
- Sponsor: UTI Asset Management Company.
- Government sector: default manager with SBI and LIC Pension Funds.
- Other subscribers: All Citizen, Corporate and Vatsalya subscribers can choose UTI Pension Fund.
How the government default split works
If a government subscriber does not choose a fund, contributions are divided among SBI, LIC and UTI Pension Funds in proportions fixed by the regulator, based on past performance. Your statement on the CRA portal shows the units and NAV with each fund.
Projecting UTI NPS returns
Use the long-term SIP return of your UTI scheme mix from PFRDA PRIDE-Disha or NPS Trust as the expected return. For a government employee in the default scheme, a conservative assumption is sensible. Then compare with the SBI and LIC projections to see how much a return difference matters.
Frequently asked questions
Is UTI Pension Fund the same as UTI Mutual Fund?
No. Both are linked to UTI, but UTI Pension Fund is a separate company that manages only NPS and related pension schemes under PFRDA.
Can I change my pension fund later?
Yes. You can switch to any other pension fund once in a financial year, and change your asset allocation up to four times a year, from your CRA login. Your PRAN stays the same.
Does the PoP or fund change the NPS rules?
No. Contribution limits, tax benefits, exit and withdrawal rules are set by PFRDA and are the same for every PoP and pension fund.