The final year student of a management school has been asked by his uncle to propose a most favorable investment option for the reinvestment of his retirement fund. As the top priority of his uncle is to invest in mutual funds of the leading companies that have a proven track record in return on investments. Along with this, he wanted to mitigate the risk by less than 10% per year. Now the student has to formulate an investment portfolio that could yield the maximum returns accompanied by the desired risk limit considered by his uncle.
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