The person can select his choice mutual funds for retirement investing because the details regarding the retirement plan, its fund manager, AMC, strategies, past returns, the risk associated etc., everything is available publically via the internet which is often not possible in other pension plans.Moreover, taxes on retirement investment mutual funds are levied only when they are sold in the market while it is levied monthly or yearly in other insurance plans.The other plans charge mostly 30% on your returns thus leaving only 70% income for you out of 100%.The Retirement income from mutual funds is tax-efficient than the other insurance plans because it saves your 10% tax on interests after indexation.This is not true when it is subjected to other insurance plans, other than the Mutual Funds. The person can withdraw money, partially or completely, without any exit load restrictions. Unlike other insurance plans or Fixed Deposits, the retirement mutual funds do not demand filling premiums on time, neither it builds the restrictions on withdrawals of money from the account.Best Sites for Indian stock market analysisīenefits of Mutual funds over other Retirement plans.Or he can plan for Systematic withdrawals where he can ask his MF houses to pay some fixed amount by selling out the units available to them. In this, the person can gain 7-8% as returns. The person can invest in short-term debt funds whose maturity period arrives in 6-12 months. The retired person should make short-term plans to grow his wealth little-by-little and maintain stability in his lifestyle. The preservation and distribution principle says that all the accumulated wealth should be preserved and optimized in the best way so that its wastage can be secured and usage can be used optimally for the long term. This stage comes after when the person gets retired from his job. In this way, you should accumulate your wealth and keep them investing in the best mutual funds for retirement portfolio in India. It is because you will gain regular and safe returns with debt funds and on the other side, you can enjoy higher returns with equity sometimes. You should invest your 70% wealth in equity based-securities while the 30% should be kept with debt funds. So, if your age is 30 years then subtract it with 100. You should follow the ideology of your age base and accordingly you should design your portfolio for retirement.Ī person generally works for 30 years to save his other upcoming 30 years. You can choose any investment option such as Fixed deposits, debt funds, equity funds or mixed-funds, gold investments or the real-estate. This is the duration of accumulating your wealth little by little and spreading that wealth at wise- destinations keeping in mind your risk profile and the time horizon towards retirement. Let us see how should you invest in mutual funds for retirement income? and how can you get benefits out of it? Benefits of Mutual funds over other Retirement plans.Retirement Planning through mutual funds.