I want to invest 2lakh now in a mutual fund for 15yrs. Moderate risk appetite. Is STP a good way to go about it.
If your goal is long term, then I don’t think you have to worry and opt for STP. Instead choose the asset allocation of debt to equity in ratio of 30:70. You can use PPF or short term debt funds for debt allocation. For equity, the funds are listed in my blog.
If you don’t want a headache of asset allocation, then choose a SINGLE equity oriented balanced fund like HDFC Balanced Fund. That’s enough.