Nasfund Staff during the 2025 Employer’s Conference in Port Moresby. Insert Nasfund CEO Rajeev Sharma, Picture supplied
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 the K9.45 billion recorded at the end of 2025.
Nasfund Chief Executive Officer, Rajeev Sharma, stated that this achievement reflects 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,” Mr. Sharma said. “We are delighted to share this milestone with our stakeholders, especially our members, whose trust and confidence make this possible.”
Mr. Sharma noted that this exceptional growth was driven by several key factors, including 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 added.
Nasfund’s 2026 half-year report highlights positive momentum across all areas of the business.
Key performance indicators include:
* Membership Growth: Over 26,000 new members were registered, bringing the total number of actively contributing members to 220,175.
* Contributions: The Fund received K458 million in contributions, further strengthening members’ savings.
* Member Benefits: A total of K351 million was paid in member benefits, demonstrating the Fund’s ongoing capacity to meet its members’ financial needs.
* Cash Revenue: The Fund recorded K316 million in cash revenue, representing a 2% increase compared to the same period last year.
Mr. Sharma concluded by acknowledging the invaluable support of all partners. “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.”
