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Invest if you are prone to panic-selling during volatility
Business Standard
|April 04, 2026
RETIREMENT MUTUAL FUNDS
The Securities and Exchange Board of India (Sebi) has reversed its decision to scrap retirement and children’s mutual funds.
Of the two, retirement schemes are the larger category, with assets under management (AUM) of %32,229 crore.
What are retirement schemes?
These funds come with a mandatory lock-in of five years or until retirement, whichever is earlier. “They typically combine equity and debt to balance growth and capital preservation over time,” says Gaurav Kulshrestha, chief investment officer (CIO), Nexedge Capital.
Most retirement funds in India currently operate like hybrid funds, with asset allocation moving within preset bands for equity and debt.
One major difference between retirement schemes and diversified equity schemes is that the former work with sticky capital. “Unlike diversified equity funds that primarily focus on generating higher returns, retirement schemes seek to build a more stable corpus while balancing risk,” says Vinayak Magotra, product head and founding team, Centricity WealthTech.
Behavioural discipline
This story is from the April 04, 2026 edition of Business Standard.
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