I invest in monthly systematic investment plans (SIPs) of ₹5,000 each in Nippon India Small Cap , L&T Midcap and Mirae Asset Tax Saver. I’m not interested in investing more into equity-linked savings schemes (ELSS) because I’m already putting ₹1 lakh in Public Provident Fund (PPF). —GouthamYour investment horizon is long and considering your age, equity is a good asset class to build your long-term portfolio. At the same time, allocation within the equity asset class should be spread out among large-, mid- and small-caps. —Vidharbh Kumar TyagiA combination of large-cap along with large-and-mid-cap having bulk of exposure (60%) and a debt fund should do well over the long term.

Source: Mint June 11, 2020 20:37 UTC