The scheme introduced in 2004 for government employees was extended to private sectors also in 2009 now manages a corpus of around Rs. 33000 crores through its nominated fund management companies.
So far 50 Lakhs contributors have been enrolled in the scheme. It has earned a good name of a fund with very less management charge in the world.
It attracted very less contributors because of lack of good distribution force.
Returns for 2012 -13 are as under
Sr. No. Scheme Weighted. Average Returns (in %)
1 Central Government 12.39
2 State Government 13.00
3 Swavalamban 13.40
4 Private: Equity 8.38
5 Private: Corporate Debt 14.19
6 Private: Government Debt 13.52