Mutual funds for good, risk-free returns

I am 29 years old. And I want to invest in mutual funds. Which mutual fund will give a risk-free return? I want the return to be good. Can you help?

--Kush Shah


We always tell investors to choose their mutual funds based on their goal and risk profile. For example, if an investor is risk-averse and looking to invest for a short period of time, debt mutual funds are recommended. If the investor is investing for a long period and ready to take risk, equity mutual funds are recommended.


Mutual funds do not guarantee returns. Also, mutual funds have an element of risk. Simply put, they do not offer risk-free higher returns. If you want higher returns, you should be able to take some risk. If you want risk free returns, you should invest in government backed investments.