The retail segment of National Pension Scheme (NPS) has grown by over 100 per cent over the past one year. <br/><br/>PFRDA Chairman Hemant Contractor told PTI that the new provision to provide tax benefits up to 40 per cent of maturity of investment has drawn a lot of retail investors to the NPS schemes.<br/><br/>Earlier, NPS schemes which were launched five years ago, had failed to get retail subscribers.<br/><br/>He said, assets under management of NPS has reached 1.38 trillion rupees out of which Rs. 3,000 crore are of retail assets. <br/><br/>Number of total subscribers including those who had subscribed for NPS/Swavalamban are more than the number of government employees who have subscribed for NPS.<br/><br/>