In equity, consider Rs 1 lakh: allocate 50–55% in large caps, 20–25% in mid caps, and the rest in small caps to ride all market cycles in the long term. (Funds – Quant Large Cap, SBI Large and Mid Cap, Canara Rob Multi Cap, Invesco Small Cap, HDFC Flexi Cap, Kotak Mid Cap, ICICI Pru Focused Equity)
Debt funds – allocate Rs 1 lakh in Axis Crisil IBX SDL June 2034 Debt Index, HDFC Nifty G-Sec June 2036 Index Fund, or in SBI Arbitrage Fund (if in a high tax bracket).
Gold ETF – consider allocating Rs 1 lakh in this precious metal.