I have 5 Lac, I want to invest in mutual fund. I want regular income after 5 to 6 years with capital growth, in which mutual fund I invest?
Investments in mutual funds should be based on your risk profile and investment horizon. In your case even though you now the investment horizon, do you know your risk profile?
Therefore, you should first assess your risk profile and choose funds according to it. For example - if your risk profile is high, then invest in diversified equity funds or mid & small cap funds, if it is moderate to moderately high invest in balanced funds or large cap equity funds. However, if your risk profile is low, then invest in debt funds.
Hope the above helps you. Thanks for writing to us
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