The National Superannuation Fund (Nasfund) has surpassed K10 billion in net asset value (NAV) for the first time.
As of June 30, 2026, the fund’s net assets stood at K10.25 billion, up from K9.45 billion at the end of 2025.
Nasfund Chief Executive Officer Rajeev Sharma said the milestone reflected the fund’s prudent financial management, strong governance practices and commitment to protecting and growing members’ retirement savings.
“Reaching over K10 billion in the first six months of 2026 is a testament to our continued growth and financial resilience in a dynamic economic environment,” Sharma said. “We are delighted to share this milestone with our stakeholders, especially our members, whose trust and confidence make this possible.”
Sharma said the growth was driven by strong returns from a diversified investment portfolio, consistent member and employer contributions and disciplined cost management.
“Crossing the K10 billion mark reflects our robust governance frameworks, expanding membership base and focus on operational efficiency. It is also a direct result of the commitment of our contributing employers and the hard work of our dedicated Nasfund team,” he said.
Nasfund’s 2026 half-year report highlights positive momentum across the business.
Key performance indicators include:
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Membership growth: More than 26,000 new members were registered, bringing the total number of actively contributing members to 220,175.
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Contributions: The fund received K458 million in contributions, further strengthening members’ retirement savings.
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Member benefits: A total of K351 million was paid in member benefits, demonstrating the fund’s capacity to meet members’ financial needs.
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Cash revenue: The fund recorded K316 million in cash revenue, a 2% increase from the same period last year.
Sharma thanked the fund’s employers, members, stakeholders and employees for their support.
“I thank our employers, members, stakeholders and the hardworking employees of Nasfund. This milestone reinforces our goal to ensure all members are ready for tomorrow,” he said.
