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Have ₹5 lakh to invest? Experts recommend these asset classes for best returns in 2024

Just two weeks into the new year, and the market has already hit a new high, small and midcaps are believed to be overpriced, leaving investors wary to invest more in equity.

Given all this, where should investors invest their money in 2024? We asked a few experts where should one invest if they have ₹5 lakh and they believe a large majority of this sum should be allocated to large-cap mutual funds, while the remainder in debt securities.

The rationale behind investing in large-cap funds is that they are yet not overpriced, while investment in debt funds should be done for long duration since the interest…

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