PFRDA has launched NPS PRIDE–DISHA, a new digital tool that helps NPS subscribers compare the historical performance of pension funds and investment choices using real contribution-based return calculations.
Choosing a National Pension System (NPS) pension fund has become increasingly complex, as traditional return figures make it difficult to understand how regular contributions grow over time.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched NPS PRIDE–DISHA (Pension Fund Returns for Informed Decision & Empowerment). This digital tool lets you compare pension fund performance and investment choices using historical data and your own investment details.
A more practical way to compare pension funds
NPS PRIDE–DISHA calculates pension fund returns using Net Asset Value (NAV) data since 2008 via the Extended Internal Rate of Return (XIRR) method. XIRR better reflects the experience of making regular contributions over time.
The tool demonstrates how savings would have accumulated under various funds and investment choices using your inputs and actual historical performance. PFRDA has clarified that it excludes future projections or estimates.
What you can do with the tool?
You can compare pension fund performance by entering your age, investment start date, contribution amount, and investment choice.
The platform supports Composite Schemes, Active Choice, and Auto Choice options to compare operational funds during your selected period. PFRDA states it offers nearly 4,800 investment combinations based on approximately 5,000 days of historical NAV data across 1.10 lakh data sets, presenting results via simple bar graphs.
Easier access during pension fund selection
You can access NPS PRIDE–DISHA through the PFRDA website.
PFRDA has also directed Central Recordkeeping Agencies (CRAs) to make the tool available through subscriber login portals and nodal office interfaces during pension fund selection and switching. Government nodal offices and Points of Presence (PoPs) have also been encouraged to promote the platform.
PFRDA opens the platform for research and innovation
PFRDA has introduced an Open API initiative alongside the launch.
Eligible organizations, including research institutions, academic bodies, financial advisers, pension fund analysts, fintech companies, and technology partners, can apply to access the historical NAV database and core functionality through a structured approval process.
Organizations using the API are responsible for their own data analysis, and PFRDA will not be liable for any third-party outputs.
More features planned
PFRDA said it will continue expanding NPS PRIDE–DISHA by adding features such as Tier II returns, MSF schemes, NPS Vatsalya schemes, and investment choice comparisons based on rolling and trailing returns.
The regulator said the tool has been developed under the PFRDA Act, 2013 as part of its efforts to improve transparency, strengthen financial literacy and support informed decision-making within the NPS framework.
Summary
PFRDA’s new NPS PRIDE–DISHA tool gives you a more practical way to compare pension funds by reflecting the experience of making regular contributions over time instead of relying only on point-to-point returns. The tool is now available through the PFRDA website, while additional features are planned in future updates.
