For a high-risk investment strategy with a ₹1 lakh monthly income, allocate ₹5,000 to Nifty 50 or Nifty Next 50, ₹10,000 to Mid Cap and Flexi Cap funds, and ₹5,000 to Small Cap funds, with an expected long-term return of 16-18%.
"₹5,000 we will still invest in Nifty 50 or Nifty Next 50. Depending on what your risk appetite is between the two. ₹10,000 I will put it in a mid cap and a flexi cap because this will be a combination of all sizes of the companies and will give a good healthy return of 15-16 perhaps even more percent over a long period of time. And then ₹5,000 I will put it in small cap."
