Home loan– ₹25,000LIC– ₹3,000NPS– ₹5,000I want to invest in mutual funds for the long term through a systematic investment plan. I have seen many references to equity, debt and index mutual funds. Which of these mutual funds types would be most beneficial for the long term? Though you would have read a lot about mutual funds, the right approach to investing in mutual funds is to link it to your objectives rather than doing random investments. You can consider investing in equity mutual funds for your long term goal as debt mutual funds are useful for short- and mid-term goals.

Source: Mint January 09, 2022 16:26 UTC