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Ask Money Today: Which are the best mutual funds for a 24-year-old? Equity mutual fund investors should think about reducing their risk through ensuring right selection of funds, professional advice, continuous tracking and rebalancing of their portfolio Representative Image I am 24 years old. I have just started working, got my first job in a fashion studio. I believe I am a risk-taker, though I have not invested earlier. I want to invest in equity funds now. I do not have any loans. I will be earning Rs 28,000 per month. Kindly help me with a list of best equity mutual fund schemes to start my investments. I can invest Rs 15,000 to 18,000 per month. Also, what is a tax-saving mutual fund? Do I need to invest in it?

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