Mutual funds have gained immense popularity in India as a retirement option in recent years. With the changing demographics and increasing life expectancy, retirement planning has become an important aspect of personal finance. A mutual fund is a collective investment scheme in which a group of investors pool their money together to purchase securities such as stocks, bonds, and other financial instruments. In India, mutual funds are regulated by the Securities and Exchange Board of India (SEBI). Retirement planning through mutual funds is a smart way to plan your future. Below are key benefits of mutual funds as a retirement option.