Yes, absolutely.

Any subscriber can select different PFMs and investment options for his/her NPS Tier I and Tier II accounts.

The two investment options a subscriber can select between are:

- Active choice – Here the subscriber decides on the asset classes in which the contributed funds are to be invested and their percentages (Asset class E(maximum of 50%), Asset Class C, and Asset Class G )

- Auto choice - Lifecycle Fund- This is the default option under NPS and wherein the management of investment of funds is done automatically based on the age profile of the subscriber.

Furthermore, a subscriber can choose between any of the following eight pension funds:

1. ICICI Prudential Pension Fund

2. LIC Pension Fund

3. Kotak Mahindra Pension Fund

4. Reliance Capital Pension Fund

5. SBI Pension Fund

6. UTI Retirement Solutions Pension Fund

7. HDFC Pension Management Company

8. DSP Blackrock Pension Fund Managers