-Rupa Deb
First, it is always a great time to invest in equity mutual funds to achieve your long-term financial goals. Investing a small sum regularly over a long period is the only way to achieve your long-term financial goals.
However, you should not consider investing in mid cap mutual funds. Mid cap schemes are suitable for investors with a very high risk appetite or with aggressive risk profile. Mid cap schemes can be extremely risky and volatile. Sure, they have the potential to offer superior returns over a long period. However, a medium risk-taker would find it extremely difficult to continue with the investment when there are huge losses. This is the reason why mid cap schemes are recommended to investors with a very high risk tolerance level and stomach for extreme volatility.