Fund Radar: DIY or autopilot?

Just like you need a balanced diet of carbs and proteins, your investment portfolio also requires the right mix of equity and debt for long-term wealth creation. For slightly conservative long-term investors, we usually suggest a 70:30 asset allocation, with 70 per cent in equity and 30 per cent in debt. Here's how you can achieve this. Option 1: Flexi-cap fund + short-duration debt fund The first is a DIY (do-it-yourself) option. Here, you invest your money in the following two funds: Flexi-cap fund: It invests in equities across companies of various sizes (large, mid and small cap), aiming to grow your money over the long run. Short-duration debt fund: This fund invests mainly in bonds maturing in a period of 1-3 years. Option 2: Aggressive hybrid fund This is an autopilot option. You invest in this fund