Business Update6 May 2026, 04:28 pm
Motilal Oswal AMC to Act as Sponsor of Pension Fund
AI Summary
Motilal Oswal Asset Management Company (MOAMC), a wholly-owned subsidiary of Motilal Oswal Financial Services, 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). MOAMC will establish a separate pension fund entity to manage NPS contributions and pension assets, subject to necessary registrations and approvals. This move aims to strengthen Motilal Oswal's presence in the retirement and pension fund management space.
Key Highlights
- MOAMC received a Letter of Appointment from PFRDA on May 05, 2026.
- MOAMC will establish and operationalise a separate Pension Fund company.
- The company aims to bring a research-driven investment approach to NPS.
- This expands Motilal Oswal's participation in long-term retirement planning.