The conversation between human and AI assistant.
I am 19, and have INR20000 (~US$290) from my savings and earnings. How should I invest it further (short term) to get better returns or earn more?
How much average return can I expect from a mutual fund?
The average return from a mutual fund can vary depending on the type of fund and the market conditions. Historically, equity mutual funds have provided an average return of around 10-12% per annum over the long term. However, short-term returns can be more volatile and unpredictable.