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PFRDA Widens Pension Fund Investment Choices: Top 250 Stocks

11 December 20251 min read
BANKING & FINANCEPFRDA WidensPension FundInvestment Choices:Top 250 Stocks11 December 2025safalsetu.com

Why in the news

PFRDA loosened investment rules for private pension funds in a circular dated 10 December 2025, effective at once.

Key facts

  • Regulator: PFRDA; context: National Pension System (NPS).
  • Equity choice now spans the top 250 stocks by market capitalisation.
  • Gold and silver ETFs are now allowed.
AspectEarlierNow
Equity universe200 approved stocksTop 250 by market cap
Commodities, ETFsRestrictedGold and silver ETFs

Significance

  • Funds get less concentration risk; subscribers get diversified options.
  • Likely extra demand for top 250 stocks and gold or silver ETFs.

Exam angle

  • 200 stocks changed to 250; new asset type: gold and silver ETFs.

Test yourself

1. PFRDA's new norms let private pension funds invest in the top how many stocks by market capitalisation?

The equity universe was raised from 200 approved stocks to the top 250.

2. Which new investment category did PFRDA permit for private pension funds in December 2025?

Gold and silver ETFs are now permitted.

3. Under which scheme do the revised PFRDA investment norms for private pension funds apply?

The notes place the earlier 200-stock limit and the new norms under the NPS.