The PM CARES Fund corpus increased to a record ₹8,452 crore in the financial year 2024-25, up from ₹7,173 crore in 2023-24, according to the latest audited statements released on the fund's official website. This marks a significant growth in the fund's total corpus over the year ending March 31, 2025.
The audited accounts reveal that the majority of the fund, ₹6,641 crore, is now parked in fixed deposits, a shift from the previous practice of holding a substantial portion in savings accounts. This change in fund management strategy was detailed in the public documents published by the PM CARES Fund, which also include data from prior financial years.
The PM CARES Fund was established to provide relief during emergencies and disasters, and its corpus growth reflects ongoing contributions and government allocations. The fund's management of assets, particularly the move to fixed deposits, indicates a focus on securing stable returns and preserving capital amid varying economic conditions. The corpus size positions the fund among the largest charitable pools in India, comparable to other government-backed relief funds.
The audited financial statements for 2024-25, published on the PM CARES Fund website, provide a transparent view of the fund's corpus and asset allocation. The next fiscal report will offer further insights into how the fund continues to manage its resources and support relief efforts across the country.