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Monitoring by NPS Trust

Regulation 32 of PFRDA (Pension Fund) Regulations, 2015 authorizes NPS Trust to Inspect and Audit the Pension Fund for the functional/operational activities undertaken under NPS and Regulation 25 of PFRDA (Pension Fund) Regulations, 2015 authorizes NPS Trust may call for any information from a Pension Fund with respect to any matter relating to its activity as a Pension Fund.

Monthly evaluation and monitoring of the provisions of Investment Management Agreement executed between the Pension Fund and NPS Trust.

Evaluation of Scheme Performance by the Board of NPS Trust at the end of each quarter.

Analysis of periodic Reports, Internal Audit Reports, Compliance Certificates, Detailed Audit Report and reporting exceptions to the Authority in compliance of PFRDA (NPS Trust) Regulations, 2015.

Appointment of Statutory Scheme Auditors and adoption of Scheme Financials by the Board of NPS Trust after being approved by the Board of Pension Fund.