New Delhi, May 29 -- For investors who are aiming for a Rs.1 crore retirement corpus, the debate often boils down to two major traditional choices: fixed deposits or debt mutual funds. Both of these are seen as sensible, safe, and trustworthy investments that can foster stability, predictable income, and lower overall portfolio volatility.

Still, a question that cannot be overlooked is whether these investments are sufficient to beat inflation and build meaningful long-term retirement wealth.

According to Hrishikesh Palve, Director, Anand Rathi Wealth Limited, the answer to this question depends less on choosing between the two products and more on acknowledging and understanding the long-term strategy, investment horizon, and growth re...