Lacking discipline to stay invested? Retirement funds are a good option

Others should invest in pure equity and debt funds, or go for EPF and NPS

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According to Association of Mutual Funds in India (Amfi) data, only about 46 per cent of Indian equity mutual fund investors stay invested beyond two years

Sanjay Kumar Singh

4 min read Last Updated : Sep 06 2022 | 9:41 PM IST

The retirement fund category has 25 funds with total assets under management (AUM) of Rs 16,775 crore. The largest funds in this category are from UTI, HDFC, and Nippon India. The latest entrant is Union Asset Management Company (AMC).

According to the Securities and Exchange Board of India’s (Sebi) circular of October 2017, retirement funds fall under the solutions-oriented schemes category. Sebi’s only stipulation for them is that they should have a lock-in for five years, or until retirement, whichever comes earlier.

These funds have widely varying asset allocation. Some are pure equity funds with equity allocation above 90 per

Topics : mutual funds investments EPF deposits Asset Management