Retirement Mutual Funds are schemes designed to build a retirement corpus over long period. Generally these funds invests in mix of equity and debt. But remember, since there is a lock-in period, your money is stuck and cannot be withdrawn easily even in emergencies. Market risks applies to the equity portion. Retirement funds helps to create a pot for post-retirement but one must be ready to lock funds for years.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article