Sandeep Pandey

SBI Pension Funds is India's largest Pension Fund, registered with the PFRDA, with an AUM of over ₹5.4 lakh crore under NPS and APY (as of June 2025). The company holds a market share of over 35% of Assets Under Management (AUM) for Government, Corporate, and Retail subscribers registered with the PFRDA. SBI Pension Funds Private Limited was incorporated in December 2007 and started its pension fund management operations in April 2008 with the CG scheme. The company is sponsored by the State Bank of India and SBI Funds Management Private Limited. The Company's mission is, "To consistently create value for all the stakeholders by committing ourselves to performance of the highest order." SBI Pension Funds also got registered as a Point of Presence with PFRDA in February 2019 and thus became an authorised distributor of the NPS scheme for corporate and retail subscribers.