HDFC Pension Fund Management Limited is a wholly owned subsidiary of HDFC Life Insurance Company Limited, established on June 20, 2011. It operates as a Pension Fund Manager under the Pension Fund Regulatory and Development Authority (PFRDA) and is recognized as the largest privately owned PFM in India by Assets Under Management, with ₹45,397 crore and a 41.2% market share in the private sector as of March 2023. The company specializes in managing pension funds for National Pension System (NPS) subscribers, offering a range of investment options including equity, corporate bonds, and government securities. HDFC Pension also provides Point of Presence (POP) services to facilitate NPS account management and customer support. Additionally, it offers annuity-linked products through its parent company, HDFC Life, which includes pension plans that provide guaranteed payouts after retirement. HDFC Pension is committed to transparency, risk management, and enhancing digital accessibility for its clients.