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What are my options? In that case, you would choose a hybrid fund or a multi-asset fund. A fund such as DSP Equity and bond fund would fit the bill if you are seeking a moderate risk profile for your long-term investment. On the other hand, if you choose to go aggressive, you would want to have coverage in terms of breadth of equity markets—both domestic and overseas.
That is, you would want a fund that invests freely in both Indian stock market and overseas stock market. If you are taking this route, a fund such as Parag Parikh Flexi-cap Fund would be a good choice. Never miss a story! Stay connected and informed with Mint.
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Policy thought-leaders, Don Drummond and Duncan Sinclair, release long-term care report seeking to reshape the future for Canadian seniors