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Retirement Planning with Mutual Funds is taken as one of the most efficient ways for creating your retirement wealth, as per the experts.
This is because when you invest in mutual funds, in return they invest your money variety of shares, debt stocks, and money market securities, with the motive to produce higher returns in long term. Investing in mutual funds also helps you diversify your financial portfolio while lowering risk.
However, here the confusion that prevails in investors’ minds is which mutual funds to pick up and start investing in the same for retirement wealth! Well, no worries today we have something of your interest if you are planning to invest for your retirement.
Below, we are discussing a few Retirement-Focused Mutual Funds for your assistance.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
HDFC Retirement Savings Fund - Equity Plan - Regular Plan- Growth
A retirement fund is categorized as an equity mutual fund, run, and managed by HDFC Mutual Fund House. The fund has 92.07% investment in Indian stocks of which 33.61% is in large-cap stocks, 11.1% is in mid-cap stocks, 36.14% in small-cap stocks.
Fund also has 0.9% investment in Debt of which, 0.9% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 1,922 crores and it charges a total expense ratio of around 2.32%. The fund does not charge exit load.
The prime objective of the funds is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals.
HDFC Retirement Savings Fund - Hybrid- Equity Plan - Regular Plan- Growth
A retirement fund is categorized as a hybrid mutual fund, run, and managed by HDFC Mutual Fund House. The fund has 65.57% investment in Indian stocks of which 29.62% is in large-cap stocks, 1.9% is in mid-cap stocks, 24.79% in small-cap stocks.
Fund also has 14.93% investment in Debt of which 3.16% is in Government securities, 11.77% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 731 crores and it charges a total expense ratio of around 2.48%. The fund does not charge exit load.
The prime objective of the funds is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals.
Tata Retirement Savings Fund - Regular Plan - Progressive Plan-Growth
A retirement fund is categorized as an equity mutual fund, run, and managed by Tata Mutual Fund House. The fund has 96.42% investment in Indian stocks of which 50.79% is in large-cap stocks, 20.48% is in mid-cap stocks, 8.07% in small-cap stocks.
The fund size of the scheme is around Rs 1,226 crores and it charges a total expense ratio of around 2.22%. Fund also charges a kind of exit load equal to 1.0% of sell value.
The prime objective of the funds is to provide a financial planning tool for long-term financial security for investors based on their retirement planning goals.
Nippon India Retirement Fund - Wealth Creation Scheme – Growth
A retirement fund is categorized as an equity mutual fund, run, and managed by Nippon India Mutual Fund House. The fund has 98.58% investment in Indian stocks, out of which 98.43% investment in Indian stocks of which 57.54% is in large-cap stocks, 13.77% is in mid-cap stocks, 12.18% in small-cap stocks.
The fund size of the scheme is around Rs 2,366 crores and it charges a total expense ratio of around 2.06%. The fund does not charge exit load.
The prime objective of the funds is to provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in a mix of securities comprising of equity, equity-related instruments, and fixed income securities.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at- [email protected].
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).