I want to invest around Rs 5,000 in short or mid-term funds for four to five years. My risk appetite is moderate to high. Can you suggest some good funds?
If you have an investment horizon of four years, you may invest in conservative hybrid schemes. These schemes invest mostly in debt instruments and a small part of their corpus in stocks. If you have an investment horizon of five years, you may invest in aggressive hybrid funds or equity-oriented hybrid schemes.