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Mumbai, Oct. 30 SBI Pension Fund has given the highest return among the three fund managers under the New Pension Scheme for Central Government employees.

The scheme has three fund managers — SBI Pension Fund, UTI Retirement Solutions and LIC Pension Fund. According to the figures put on the PFRDA Web site, SBI gave the highest return of 13.41 per cent, followed by UTI (12.73 per cent) and LIC (10.57 per cent).

The central government employee pension fund, which was introduced in January 2004, has a corpus of around Rs 2,900 crore as of September 2009.

While 40 per cent of these funds were allocated to SBI, LIC managed 29 per cent and UTI had 31 per cent.

More Stories on : Pension Plans

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