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Service providers go online to make investing in mutual funds convenient and faster.
Though they are a repackaging of existing fund types, mutual fund retirement plans do help investors take a disciplined view of their sunset years.

Sebi tightens norms for MFs exposure to riskier bonds.
The stock market benchmark Sensex crashed 660 points but recovered back to the positive territory on heavy buying by domestic institutions.
A tough ride ahead in 2016 but stay invested.
"We have sought parity in any tax treatment for NPS (National Pension System) from the government."
Investors are advised to bear the cautionary checks like whether the entity is registered with Sebi, and whether the scheme has filed an offer document
At present, there are over 40 mutual fund houses operating in the country.
Union Budget 2016-17