You seem to be not well acquainted with mutual funds. You should educate yourself or hire a reliable mutual fund advisor before proceeding with your investment plan. When you are investing for three to five years, you would be recommended debt mutual funds. You can invest in equity mutual funds only if you have at least seven years. Also, you should stick to debt mutual funds if your risk profile is low. Invest in equity mutual funds only if you have very high risk tolerance. You can expect high returns from equity mutual funds only if you have a very long investment horizon.