What are the best investment options for your future home's down payment?

Planning to buy a house in 10-15 years and estimating the cost to be around Rs 2.5 to 3 crore. Is a combination of Tata Small Cap or Edelweiss Small Cap and Mirae Asset Midcap Fund or PGIM India Midcap Fund a good combination of funds over such a long period to generate the maximum possible amount for the down payment? - Aditya B If you're already planning to buy a house 10-15 years from now, you're on the right track. You have ample time to let your investments grow, which is essential to expect a reasonable rate of return on equity funds and accumulate the necessary corpus for the down payment. However, keep in mind that if the house's cost you're targeting is in today's value, you

This article was originally published on February 16, 2023.