Should I move from a debt fund to a large-cap fund for better returns?

I have accumulated Rs 10 lakh in debt funds. In the last three years, they have generated only 5.5 per cent returns. Would it be wise to move this amount as a lumpsum to a large-cap equity scheme like Bharat 22 to earn better returns? Being a large-cap fund, I believe it is likely to be safe. Kindly advice. - Arjan Bhatia No. This is because both debt and large-cap funds serve different investment needs. Debt funds are designed to bring stability to your portfolio and aim to preserve capital while generating moderate returns. Thus, debt funds are a suitable investment option if you need money to meet your short-term requirements. Con

This article was originally published on April 25, 2024.