Top 5 Mutual Funds for Retirement Planning in 2023

1. HDFC Retirement Savings Fund Equity Plan Direct-Growth

This fund by HDFC Mutual Fund focuses on a mix of equity and debt instruments to help investors meet their long-term retirement goals. It's a well-known choice for those seeking capital appreciation and income for their retirement.

2. ICICI Prudential Retirement Fund Pure Equity Plan Direct-Growth

ICICI Prudential's Pure Equity Plan is designed to predominantly invest in equities, aiming for long-term capital appreciation and income generation. It's considered one of the best options for retirement planning in India.

3. HDFC Retirement Savings Fund Hybrid Equity Plan Direct-Growth

Another offering from HDFC Mutual Fund, this plan combines equity and debt instruments to help investors achieve their retirement goals. It's a commonly preferred choice for retirement planning.

4. ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct-Growth

ICICI Prudential's Hybrid Aggressive Plan focuses on equity and equity-related securities to generate capital appreciation, making it an appealing option for those seeking growth with some security.

5. Tata Retirement Savings Fund Progressive Plan Regular Growth

Tata Mutual Fund's Progressive Plan serves as a valuable financial tool for achieving long-term financial security based on your retirement goals. It's a reliable choice for planning a secure retirement.