Papua New Guinea's Nasfund Surpasses K10 Billion Asset Milestone

The National Superannuation Fund (Nasfund) has achieved a historic milestone, surpassing 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, a significant increase from K9.45 billion at the end of 2025.

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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.

Nasfund Chief Executive Officer, Rajeev Sharma, attributed this achievement to the Fund’s prudent financial management, strong governance practices, and unwavering 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. He added that the exceptional growth was driven by strong returns from a diversified investment portfolio, consistent member and employer contributions, and disciplined cost management.

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We are delighted to share this milestone with our stakeholders, especially our members, whose trust and confidence make this possible.

Nasfund’s 2026 half-year report highlights positive momentum across all areas of the business. Membership grew by over 26,000 new members, bringing the total to 220,175 actively contributing members. The Fund received K458 million in contributions and paid out K351 million in member benefits. Cash revenue reached K316 million, a 2% increase compared to the same period last year.

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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.

Sharma concluded by thanking employers, members, stakeholders, and the Nasfund team. “This milestone reinforces our goal to ensure all members are ready for tomorrow,” he stated.

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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.