CAMS, through its CRA arm CAMS NPS, has partnered with the Pension Fund Regulatory and Development Authority (PFRDA) for an outreach program in Tiruchirappalli. The initiative focuses on promoting early, long-term savings habits using the NPS Vatsalya scheme among students and families. The event successfully highlighted the benefits of compounding for securing a minor child’s financial future, reinforcing CAMS’ commitment to nationwide financial inclusion.
Joint Initiative for Financial Awareness
Computer Age Management Services Limited (CAMS), via its Central Recordkeeping Agency (CRA) arm, CAMS NPS, announced a strategic partnership with the Pension Fund Regulatory and Development Authority (PFRDA). This collaboration led to the execution of the NPS Vatsalya Outreach Programme in Tiruchirappalli, commencing on 24 February 2026.
The primary objective was to instill disciplined, long-term savings habits in the community, especially among the youth, by leveraging the NPS Vatsalya scheme. The program featured interactive sessions engaging students, parents, teachers, and local officials.
Highlights of the NPS Vatsalya Scheme
The event featured key dignitaries, including Ms. Kshetrimayum Deepi Chanu, Assistant Collector, Tiruchirappalli. Mr. Venkateswarlu Peri, Executive Director, PFRDA, emphasized that the scheme empowers parents to secure their minor children’s financial future through compounding. The scheme was initially launched on 18 September 2024 by the Hon’ble Union Finance Minister Ms. Nirmala Sitharaman.
Key features of NPS Vatsalya highlighted during the outreach include:
- Structured long-term savings initiation for minors.
- Contributions starting as low as ₹250.
- Provision for gift contributions under Vatsalya Aashirwad.
- Flexibility with up to four partial withdrawals.
- Exit options available between the ages of 18–21.
CAMS’ Role in Pension Ecosystem
Mr. Syed Hassan, Chief Program Officer, CAMS, noted the enthusiastic response from the community. CAMS NPS is focused on providing compliance-grade recordkeeping and secure digital journeys across the National Pension System (NPS) ecosystem. Since commencing eNPS operations in 2022, CAMS NPS has expanded its distribution network significantly through Points of Presence (PoPs) including major banks and fintech entities.
About CAMS Limited
CAMS operates as a critical financial infrastructure partner, holding an approximate ~68% market share as India’s largest registrar and transfer agent for mutual funds based on average assets under management (AAuM). The company provides end-to-end services to the BFSI sector, leveraging technology across KYC repositories (CAMSKRA) and payment solutions (CAMSPay). Furthermore, CAMS has recently expanded its CRA services for the National Pension Scheme.
Source: BSE
