Which Mutual Fund Type Suits You? — Quiz
Not sure whether you should be looking at index funds, flexi cap funds or a liquid fund? This six-question quiz maps your risk appetite, investment horizon and goal to the mutual fund categories that typically fit that profile — a starting point for research, not a recommendation.
How the quiz works
You answer six quick questions: what you are investing for, how long the money can stay invested, how you would react to a 30% drawdown, your experience level, income stability and how much you plan to invest. The quiz then suggests category types — for example, a first-time investor with a 3-year goal is pointed toward conservative hybrid or debt categories, while a 15-year horizon with high risk tolerance maps to flexi cap, mid cap or small cap equity funds.
Why category comes before fund
Most portfolio damage comes from choosing the wrong category, not the wrong fund within a category — a good small cap fund is still a bad place for next year's house deposit. SEBI's categorisation rules make categories meaningfully different in risk: the category explainers cover who each one suits, expected volatility, horizons and taxation. Once the quiz narrows your categories, use the screener or Best Funds lists to shortlist actual schemes, and the goal calculator to size the SIP.
The quiz is educational and generic — it does not know your full financial situation, so treat its output as a study guide. For personal advice, consult a SEBI-registered investment adviser.
Frequently asked questions
Is the quiz investment advice?
No. It maps common risk-and-horizon profiles to fund categories using general principles. It does not consider your taxes, liabilities or complete finances, and Dhanik is not a SEBI-registered adviser.
What categories can the quiz suggest?
Everything from liquid and short-duration debt funds through conservative and balanced hybrid funds to large, flexi, mid and small cap equity funds — plus ELSS if tax saving under the old regime is one of your goals (see the ELSS guide).
How long does it take?
About a minute — six multiple-choice questions, no sign-up required.