What is the best mutual fund to invest Rs 75,000 for a period of 5 years?

Your choice of mutual funds should be driven by your financial goals. Your total portfolio should be a combination of the 4 asset classes namely Equity, Long Term Debt, Short term Debt and Gold. If you are clear that this Rs.75,000 will not be touched for a period of 5 years, then Hybrid Funds are more suitable.Within Hybrid Funds, you can choose 2 or 3 Balanced Hybrid funds (20% to 40% allocation to Equity)Upvote2

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