Retirement mutual funds AMC jumps 256% to Rs 29,903 cr in 5 years

The assets under management (AUM) for pension mutual funds have surged by 256% to Rs. 29,903 crore over the past five years. The article examines the factors driving this significant growth, including increased investor interest and market expansion. The rise in AUM reflects a growing awareness and adoption of pension mutual funds as a retirement savings vehicle. The article highlights the benefits of these funds for retirement planning and the broader trends influencing their popularity in the financial markets.