If you want to invest 5 Lacs in mutual funds for the next 10 years, there are 2 good options for you:
1-Invest 5 lacs in a good Index mutual fund because they are the cheapest and can give you close to 12% returns. Almost double returns as compared to Fixed deposits.
But if you get butterflies in your tummy whenever stock market crashes, then go for option 2 which is
2-Hybrid Mutual Funds. Because in Hybrid Mutual Funds, Part of your money will be invested in stocks as well debt. The stock component will give you decent returns while debt component will keep your money relatively safe.
If you want to know more about hybrid mutual funds, let me know in comments “full video” and I will shoot a full video on my YT, the link is in my bio. For practical content on investing, you can follow me.
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