Put your attention on investing in equity mutual funds if you want to beat inflation.  They may provide higher profits in the long run than inflation depletes.The key is to invest regularly through SIPs and review your portfolio once or twice a year to make sure it’s aligned with changing market conditions and rising costs.

Mutual funds, especially equity funds, are great for building wealth over the long term. They typically offer higher returns and help beat inflation. Gold, on the other hand, is a good backup during uncertain times. It doesn’t grow your money fast but adds stability. The best strategy is to include both in your portfolio—use mutual funds to grow your wealth and gold to protect it during tough times.

In order to plan for your child’s education, mutual funds are undoubtedly one of the greatest options.  When you have a lot of time, perhaps ten years or more, equity funds, such as index or blue-chip funds, do exceptionally well.As the education milestone gets closer, it’s smart to move your money gradually into safer options like debt funds to protect your savings from market swings.

It’s good to diversify, but too many funds can actually create confusion without adding much benefit. A solid investment plan usually works well with 3 to 5 funds across different types—like equity for growth, debt for safety, hybrid for balance. This kind of mix helps you spread out your risk and still keep things simple enough to track and manage effectively.