I wish to invest 300000 for 7-10 year. Which MF or any other instruments is good with respect to best return & safety too?
As you want to invest for 7-10 years you can invest in large cap equity funds and balanced funds. We could have suggested you diversified or mid-cap funds as well but not doing so as you have mentioned that you want safety.
While investing in mutual funds one should select funds based on one's risk taking appetite and the investment horizon. Therefore, you must know how much risk you can take before jumping to invest in mutual funds.
Let us see some examples -
Conservative Investors - can invest in liquid funds, ultra short term funds and short term debt funds
Moderate risk profile investors - can invest in long term debt funds and hybrid debt funds
Moderately high risk profile investors - can invest in balanced funds or large cap fund
High risk profile investors - can invest in diversified equity funds and mid and small cap fund
Very high risk profile investors - can invest in thematic and sector funds
Therefore, if you are looking for complete safety with your investments maybe you can invest only in liquid funds, ultra short term funds and short term debt funds.
However, with bit of risk, large cap funds and balanced funds can be a good choice as your investment horizon is 7-10 years.
You can select good funds across all categories from here - https://www.advisorkhoj.com/mutual-funds...
Please let us know how we can help further by commenting on the comment section which is provided under your reply.
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