Where should I invest Rs 2 lakh for four years?

I am a 55-year-old government employee. My salary is Rs 80,000 per month. I want to earn good returns after four years. Which are the good mutual funds for investing Rs 10,000 per month via an SIP and a lumpsum of Rs 2 lakh?

-- Naresh Chahal

You should choose your investments based on your goals, investment horizon and risk profile. Since you have not shared your risk profile with us, we may not be able to offer you a personalised advice.

However, since you have an investment horizon of four years, it is better to stick to debt mutual funds or conservative hybrid schemes. We recommend equity mutual funds to investors only if they have an investment horizon of five to seven years.