When it comes to equity mutual funds, investors should think about long-term investments rather than chasing higher returns simply due to the risk involved. Stock mutual funds are ideal for investors with a long-term investment view of at least 5 years, investors aiming for capital appreciation, and investors with a deep understanding of the market. However, before investing in a mutual fund, you must match your investment horizon and risk profile. Equity mutual funds are a great way to diversify your portfolio and the most exciting part is that equity funds have proven to provide returns that surpass inflation and alpha for investors. adhere to a strategy of cost averaging in rupees. Here, we used three 5-star rated stock mutual funds as examples, which turned monthly SIP into 10,000 to more 9 lakh in just three years.