Scenario 1: For a 30-Year-Old Investor
Goal: Build a retirement corpus in 30 years.
Risk Tolerance: Moderate to High.
Suggested Portfolio:

60% in Nifty 50 Index Funds (via SIP) – This will provide you with broad exposure to the Indian economy’s growth.
20% in Debt Mutual Funds (for safety and stability).
10% in Gold ETFs (to hedge against inflation).
10% in Sector-Specific or Thematic Funds (e.g., Technology, Pharma, or Infrastructure).
This kind of diversified portfolio can provide growth while minimizing risks over the long term.

Conclusion
Index Funds, particularly those tracking Nifty, are a cost-effective way to invest in the Indian stock market.
Regularly reviewing and rebalancing your portfolio based on risk tolerance and financial goals is essential.
Diversifying across different asset classes like stocks, bonds, and gold can help you build long-term wealth while managing risks.