Choosing the right mutual fund category is often one of the biggest challenges for first-time investors. While many understand the importance of starting early and staying invested for the long term, deciding where to invest can be confusing, especially when several fund categories appear to offer similar benefits.
One such query was raised by Himanshu Khanna, a 37-year-old investor and a viewer of The Money Show on ETNow, who plans to invest Rs 1,000 every month through a SIP for the next 20 years. His question was straightforward: should he invest in a multicap fund or a flexicap fund?
