Move the three sliders and watch what happens to the line above. More equity makes the ride bumpier. More debt calms it down. Gold moves to its own beat. Every mix is a different ride, and the right one is simply the one that suits you.
The link shows how each mix relates to a SEBI hybrid category. The diversification idea, that mixing assets lowers the bumps, is associated with Harry Markowitz and modern portfolio theory.
Illustrative tool only. The line shows how bumpy a mix can feel, not actual returns, performance, or a forecast. Not investment advice. Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing.