Tata Asset Management Private Limited forays into the Pension business

Tata Pension Management Limited (TPML), sponsored by Tata Asset Management Private Limited, has been appointed as a Pension Fund Manager (PFM) by the Pension Fund Regulatory and Development Authority (PFRDA) for managing the funds under National Pension System (NPS). The ‘Certificate of Commencement of Business as Pension Fund’ was issued by PFRDA on 28th July 2022, and the business is now operational from 18th August 2022.

Speaking on occasion, Prathit Bhobe, CEO & MD, Tata Asset Management Private Limited, said, “With 28 years of investment management experience, Tata Asset Management now marks its entry in the pension space. The regulator has taken sizeable steps in promoting a pensioned society in India, and we are delighted to provide this array of pension products and services to the citizens of the country.”

Speaking at the launch, Kurian Jose, CEO of Tata Pension Management Limited, said, “In India, the concept of retirement planning is still at a nascent stage. We look forward to contributing to creating awareness on pension literacy to support Indian citizens in achieving their retirement goals.
About Tata Pension Management Limited

Tata Pension Management Limited (TPML) offers fund management services under the National Pension System regulated by PFRDA, Government of India. The core strength of the company stems from its intellectual capital and its robust investment management framework. The Tata Pension Fund philosophy is centered on promoting both the fund performance and the financial security of pension plan subscribers while seeking consistent, long-term results. We aim at overall excellence within the framework of transparent and rigorous risk controls.

  • 19th Floor, Parinee Crescenzo, G Block, BKC, Bandra East Mumbai 400051
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  • CIN: U74140MH2006PLC164217
  • for immediate use, PRESS RELEASE
  • About the Sponsor– Tata Asset Management Private Limited
  • Fund Management – The Wealth of Expertise
  • Risk Management – The Wealth of Discipline
  • Investor Service – The Wealth of Commitment
  • Wide product range – The Wealth of Choice
This article was shared with Prittle Prattle News as a Press Release.
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