By Fundgenix Research Team Published on: May 2025
Retirement 2025

Top Mutual Funds for Retirement Planning in India

💡 Why Mutual Funds for Retirement?

Mutual funds offer diversification, professional management, and the potential for inflation-beating returns, making them ideal for building a retirement corpus. In 2025, Indian investors have access to a wide range of funds tailored for long-term wealth creation and income generation.

🏆 Best Mutual Funds for Retirement Planning in 2025

HDFC Retirement Savings Fund (Hybrid Equity Plan)

Overview: A retirement-focused hybrid fund with a balanced allocation to equity and debt. Designed to provide growth and stability for long-term investors.

  • 3Y CAGR: 17.5%    5Y CAGR: 14.2%    10Y CAGR: N/A
  • AUM: ₹5,200 Cr
  • Expense Ratio: 1.18%
  • Fund Manager: Anil Bamboli & Prashant Jain
  • Portfolio Highlights: Mix of large-cap stocks, quality mid-caps, and high-rated debt instruments.

Who Should Invest: Investors planning for retirement with a 10+ year horizon, seeking growth with lower volatility.

Why We Like It: Proven asset allocation, retirement focus, and experienced management.

Risks: Moderate risk due to equity exposure; debt portion subject to interest rate risk.

ICICI Prudential Retirement Fund (Pure Equity Plan)

Overview: An equity-oriented retirement fund with a focus on long-term capital appreciation. Invests in a diversified portfolio of large and mid-cap stocks.

  • 3Y CAGR: 19.2%    5Y CAGR: 16.1%    10Y CAGR: N/A
  • AUM: ₹3,800 Cr
  • Expense Ratio: 1.23%
  • Fund Manager: Sankaran Naren
  • Portfolio Highlights: Focus on blue-chip and high-growth companies across sectors.

Who Should Invest: Aggressive investors with a long-term horizon, seeking high growth for retirement.

Why We Like It: Strong equity focus, experienced fund manager, and robust performance.

Risks: High volatility due to equity allocation; not suitable for conservative investors.

Nippon India Retirement Fund (Wealth Creation Scheme)

Overview: A retirement solution fund with a growth-oriented portfolio, investing in a mix of large, mid, and small cap stocks.

  • 3Y CAGR: 21.1%    5Y CAGR: 17.8%    10Y CAGR: N/A
  • AUM: ₹2,900 Cr
  • Expense Ratio: 1.35%
  • Fund Manager: Kinjal Desai
  • Portfolio Highlights: Diversified across market caps and sectors, with a focus on long-term growth.

Who Should Invest: Investors looking for aggressive growth and willing to accept higher volatility for long-term gains.

Why We Like It: Growth focus, diversified portfolio, and strong recent performance.

Risks: High risk due to equity exposure; suitable only for long-term investors.

📋 Tips for Retirement Planning with Mutual Funds

  • Start early and invest regularly via SIPs.
  • Increase SIP amount as your income grows.
  • Rebalance your portfolio every 2-3 years.
  • Gradually shift to hybrid or debt funds as you approach retirement.

🗣️ FAQs on Retirement Mutual Funds

Can I withdraw before retirement?
Most retirement funds have a lock-in of 5 years or until age 60, whichever is earlier.
Are retirement mutual funds tax-free?
They offer tax benefits under Section 80C, but withdrawals are subject to capital gains tax.
How much should I invest for retirement?
Use a retirement calculator to estimate your corpus based on your lifestyle and inflation.

🔚 Conclusion

Mutual funds are a powerful tool for retirement planning in India. Start early, stay disciplined, and review your plan regularly to secure your golden years.

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