What should be the percentage of investments in each equity fund category

Glad to hear that you have identified your long term goals and the know the goal amounts post inflation and have already made provisions for that.

Please note that, there is no thumb rule as to what should be the percentage of investments among various equity funds. Therefore, based on your risk profile, you can choose the category of funds and invest accordingly without worrying much about the % allocation for each fund in the category. You should also note that your investment horizon should be minimum 5 years if you are investing in equity funds.

Being a moderately aggressive investor, you can invest in balanced funds or large cap funds. While deciding where to invest your Rs 90,000, you should give priority to tax saving (as you have mentioned) schemes of mutual funds which are also called ELSS Funds. Some of the top performing ELSS funds, which you can consider to invest are, DSP BlackRock Tax Saver Fund, Birla Sun Life Tax Relief 96 Fund and Reliance Tax Saver Fund. Once you are done with your tax saving (under Section 80C, you can invest Rs 150,000 per annum), you can think of investing in large cap and balanced funds as suggested earlier.

Hope this helps! Thanks for writing to Advisorkhoj!!