PFRDA opens on-tap licensing to onboard pension fund managers
Business 22 Jul, 2026

PFRDA opens on-tap licensing to onboard pension fund managers

Business To Business, New Delhi, 22nd July, 2026:    The Pension Fund Regulatory and Development Authority (PFRDA) has invited applications from prospective pension fund managers to manage assets under the National Pension System (NPS), reopening the 'on-tap' registration window.
The regulator had last opened the 'on-tap' licensing window in May 2022.
In a notice dated July 16, the PFRDA said that while registrations were previously accepted only during specified application windows, the process will now remain open on a continuous 'on-tap' basis until further notification by the Authority.

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