Mutual funds to get most returns in 10 years

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I would like to ask a question about mutual fund investments. My parents are likely to get Rs 4 crore from property investment. However, instead of buying another property, they wish to invest this for higher returns in mutual funds. Kindly suggest the best way to get the most returns in the next 10 years.

-Taran Singh

If you don’t want the money in 10 years, you can invest it in equity mutual funds. You can invest the money in equity mutual funds that match your risk profile. For example, if you are a conservative investor, you can invest in large cap mutual funds. A moderate investor can invest in flexi cap mutual funds.

But this is simplistic advice. As we are dealing with your parents and a large amount of money, you should invest it carefully after considering their various goals. Remember it is wise to invest as per their various goals rather than change the investments based on market conditions. You can also consult a financial planner or mutual fund advisor.