Which mutual fund schemes should a student invest?

I am a student. I have Rs 10,000 and I want to gain an experience of investing in mutual funds. Where should I invest?
--Raghav Sharma

Abhay Shah, a Certified Financial Planner, responds:

Since you are young, investment horizon and risk appetite does not matter. What really matters is you need to understand how equity works in accordance with the economy of India.

To make you learn about mutual funds and how they work in every market situation, I would advise you to pick Motilal Oswal MOSt Focused Dynamic Equity Fund – Growth.


Important things to note: Go through the portfolio and equity-debt exposure and see how it is rebalanced every month. Go through all the details of the fund via the Motilal Oswal website regularly.