First-Time Investors: Get Your Equity-Debt Mix Right

• Asset allocation is crucial for first-time investors, with no one-size-fits-all answer.
• Young investors can opt for higher equity exposure (e.g., 60-70%) due to a longer investment horizon, but personal factors like expenses and risk appetite also matter.
• Novice investors should start with simple equity funds like flexicap or largecap, avoiding complex sectoral or thematic schemes.
• The debt portion should prioritize capital protection using debt-oriented mutual funds such as liquid, ultra-short, or target maturity funds.
• Asset allocation should be dynamic, evolving with age and responsibilities, and starting retirement planning early is essential.

Why It Matters: Crucial advice for new investors to correctly allocate assets for financial future.