-Sidhartha Sen
If you are investing for 15-20 years, you can choose equity mutual funds. However, you have to remember a few things. One, the market is at an all-time high. Also, many experts believe that there could be a correction due to rich valuations and imminent rate hike. This is not to scare you but to let you know that you should be aware of the risk you are taking while investing in stock or equity mutual funds. Next, don’t just focus on returns while choosing a mutual fund. You should always choose mutual funds based on your goals and risk profile. For example, if you are a long-term conservative investor, you always choose a large cap mutual fund. A liberal investor can choose to invest in Flexi Cap Funds. Aggressive investors can invest in mid cap fund, As said before, tread carefully. Don’t panic when the market goes through a bad phase. Focus on your long-term goal and keep investing.