Looking for best NPS equity funds? These schemes delivered up to 14% in 3 years

Surbhi Khanna, ET Online

Jun 29, 2026

​National Pension System (NPS)

The National Pension System (NPS) delivered strong returns over the last three years, with nine fund managers completing a three-year track record and the top performer generating an annualised return of up to 14%, according to Value Research data shared with ET.

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​Tata Pension Management

Tata Pension Management emerged as the top performer, delivering an annualised return of 14.02% over the last three years. Its assets under management (AUM) stood at Rs 3,263 crore as of May 31, 2026.

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​ICICI Prudential Pension Fund

ICICI Prudential Pension Fund delivered a return of 13.79% during the same period and managed assets worth Rs 28,647 crore.

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​Three funds with over 12% returns

UTI Pension Fund, Kotak Pension Fund and HDFC Pension Fund generated returns of 12.98%, 12.96% and 12.43%, respectively, over the last three years. Their AUM stood at Rs 5,268 crore, Rs 451 crore and Rs 76,648 crore, respectively, as of April 2026.

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​ABSL Pension Scheme

ABSL Pension Scheme delivered a return of 11.97% over the same period and had an AUM of Rs 2,613 crore.

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​LIC Pension Fund

LIC Pension Fund generated a return of 11.69% over the same period and managed assets worth Rs 7,391 crore.

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​Axis Pension Fund and SBI Pension Fund

Axis Pension Fund and SBI Pension Fund delivered returns of 10.85% and 10.54%, respectively, over the last three years. Their AUM stood at Rs 6,278 crore and Rs 26,675 crore, respectively.

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​BSE 200 Total Return Index

For comparison, the BSE 200 Total Return Index (TRI) delivered a return of 12.99% over the last three years (as of June 25, 2026).

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Next: Top NPS equity funds offer up to 14% returns in 3 years. Here’s the list