Should you invest in debt funds to create a retirement corpus?
Equities as an asset class outperform both inflation as well as fixed income instruments by a wide margin over the long term. So, investing in equity mutual funds, and not in debt funds, is recommended for building retirement corpus
I have suggested investing in mutual funds to my son for building his retirement corpus. He can comfortably invest at least ₹20,000 per month in mutual funds. Also, please suggest whether he should invest in debt funds for the purpose.