new delhi minister of state for finance jayant sinha on thursday said investors who are saving for retirement should have access to a full range of pension products products such as venture capital and private equity which have generated very strong real returns around the world he said at present national pension system nps has more than 114crore subscribers with total asset under management aum of more thanrs 109 lakh crore sinha also favoured increasing the employee provident fund organisation epfo investments into the equity market to up to 15 as you know there is an ability for epfo to go up to 15 in the equity markets investment the benefit of average costing should be available to people saving for retirement because the equity markets will go through ups and downs he said in august 2015 the epfo had entered the equity market through exchangetraded fund route with an initial corpus of rs 5000 crore which could go up to nearly rs 15000 crore