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These 4 Retirement Fund Has Given More Than 14% Returns In 3 Year; Check Plans And Returns
Retirement planning is one of the most under-appreciated subjects among working people because most people believe retirement is a long way off and that immediate responsibilities are more essential. For their steady financial flow, senior persons have historically relied on bank fixed deposits and government modest savings programs.
Why Retirement Fund Is Important?
A large number of Indian society is primarily unpensioned and depends on savings. Unlike in western countries such as the United States or the United Kingdom, private-sector employees in India do not have access to a national pension plan. Many people discover they have not saved enough for retirement as they approach their retirement date and fear losing their financial freedom. Retirement is the conclusion of decades of dedication to your profession. They must save and invest methodically during their working years in order to generate their own post-retirement income stream. As a result, one of your most essential financial goals during your working years should be retirement planning.
Mutual funds are one of the investing options for planning for retirement while also achieving other financial objectives. With your financial advisors, you should consider how to use mutual funds for retirement planning. Early investment in retirement funds is the best time to start SIP in these solution-oriented retirement funds. This will help you to secure financing.
Plans and Lump Sum Annualised Returns
| Retirement Fund | Plan | 3-Year | 5-Year |
|---|---|---|---|
| HDFC Retirement Savings Fund | Hybrid- Equity Plan - Direct Plan- Growth | 15.93% | 13.54% |
| Tata Retirement Savings Fund | Direct Plan - Progressive Plan - Growth | 15.60% | 13.66% |
| HDFC Retirement Savings Fund | Hybrid- Equity Plan - Direct Plan- Growth | 15.93% | 13.54% |
| Tata Retirement Savings Fund | Direct Plan - Moderate Plan - Growth | 14.40% | 12.54% |
SIP Annualised Returns
| Retirement Fund | 3-Year | 5-Year |
|---|---|---|
| HDFC Retirement Savings Fund | 18.48% | 14.59% |
| Tata Retirement Savings Fund | 15.65% | 12.86% |
| HDFC Retirement Savings Fund | 18.48% | 14.59% |
| Tata Retirement Savings Fund | 15.19% | 12.33% |
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
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