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

Surbhi Khanna, ET Online

Jun 1, 2026

National Pension System (NPS)

The National Pension System (NPS), which helps an investor save tax in several ways, has provided stellar performance in the last three years. There are 10 NPS fund managers, of which nine NPS fund managers have completed three years of existence and delivered up to 14% return in the last three years, according to data provided to ET by Value Research.

Image Source: ETMarkets.com

Tata Pension Management and ICICI Prudential Pension Fund

Tata Pension Management offered the highest return of 13.56% in the last three years. It had an AUM of Rs 3,194 crore as of April 30, 2026. ICICI Prudential Pension Fund delivered a return of 13.39% in the same time period and had an AUM of Rs 28,176 crore.

Image Source: ETMarkets.com

UTI Pension Fund and Kotak Pension Fund

UTI Pension Fund and Kotak Pension Fund gave a return of 12.33% and 12.22%, respectively, in the last three years. They had an AUM of Rs 5,280 crore and Rs 4,532 crore, respectively, as of April 2026

Image Source: ETMarkets.com

Three others with 11% return

HDFC Pension Fund, ABSL Pension Scheme and LIC Pension Fund delivered 11.82%, 11.78% and 11.23% respectively in the last three years. They had an AUM of Rs 76,458 crore, Rs 2,561 crore and Rs 7,449 crore respectively.

Image Source: ETMarkets.com

Axis Pension Fund and SBI Pension Fund

Axis Pension Fund and SBI Pension Fund gave 10.40% and 11.25% returns, respectively, in the last three years. They had an AUM of Rs 6,144 crore and Rs 26,704 crore, respectively.

Image Source: ETMarkets.com

BSE 200 Total Return Index

BSE 200 Total Return Index (TRI) delivered a return of 12.76% in the last three years.

Image Source: ETMarkets.com

Thanks For Reading!

Next: Best-performing NPS equity funds: Over 15% returns in 3 years. Check key details