News From Press Retirement MFs: Equity allocation, flexible withdrawal options key benefits

Retirement MFs: Equity allocation, flexible withdrawal options key benefits

May 17, 2024

Building a retirement corpus is one of the primary goals of working individuals. And an increasing number of people are now turning towards mutual funds to make sure that their post-retirement life is hassle free.

Association of Mutual Funds in India (Amfi) data recently revealed that 28 retirement schemes managed assets worth Rs 26,265 crore (April 30, 2024). Baroda BNP Paribas Retirement Fund is the recent entrant in this category.

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