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Motilal Oswal AMC receives PFRDA approval to sponsor pension fund under NPS

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Motilal Oswal AMC receives PFRDA approval to sponsor pension fund under NPS

Bengaluru: Motilal Oswal Asset Management Company Ltd. (MOAMC) has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to act as a Sponsor of Pension Fund under the National Pension System (NPS), marking a significant step in the company's expansion into India's retirement investment sector. The approval was granted following MOAMC's application in response to PFRDA's invitation for…

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