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Can you please suggest funds to invest 3 Lakhs for 5 years

I want to invest 3 Lakhs lumsum amount. The time horizon is 5 years. The purpose of the investment to buy house after 5 or 6 years. Can you please suggest some option to park the money?

Sep 3, 2016 by Venkatesh, Chennai  |   Mutual Fund

If you can take moderate risk, then your 3 Lakhs lump sum amount can be invested in Balanced or large cap funds for the next 5 years. But, if you can take higher risk then investing in diversified equity funds or mid and small cap funds makes sense.

Therefore, decide how much risk you can take and accordingly choose a fund from the following category of funds –

Top performing balanced funds

Top performing large cap funds

Top performing diversified equity funds

Top performing mid and small cap funds

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