Need help investing in high risk MFs

Understand one thing that Mutual funds work on a Net Asset Value. Basically the unit in which the Mutual fund trades. In your case, I would like to highlight that the market fluctuated a lot in and post COVID period and hence all the Mutual funds would show a very steep uptrend graph. Another thing to note is that even mutual funds require a good entry point. Basically when the NAV is low or is on a slight uptrend after a deep fall. This is time to start in that mutual fund. And once you start please be invested for at least 3 years. On your question regarding high risk, keep in mind that mutual fund's NAV will fluctuate like hell and you may even see a year with no profit in that fund. But again that's where being invested for 3 years comes into help. As of now, I would recommend you start with two small cap high risk funds (7k each pm) and 1 large cap fund high risk (6k each pm). I would also suggest to monitor the NAV on a Monday and then pump some one time investment like 5-10k in that month. Basically the idea is to buy more when the NAV is low or stable.

To get more realistic picture of these MF returns, check 5 & 10 year returns of these funds till 31st Jan 2020. Post that, every tom dick and harry has made money due to covid boom. Also, check the rolling returns of the funds rather than point to point returns. Since you've mentioned 50% returns, it I'm guessing you are looking small and midcap funds. You need to remember that these are cyclic, i.e. you'll have long periods of underperformance or flat returns (check performance of small and mid caps from 2017 ± 6 years), and then suddenly get insane returns making the CAGR very tempting. Unless you are certain you are investing during the trough phase, it's better to have a balanced portfolio for stable and consistent returns.