Equity mutual funds are not recommended for a short time horizon. Business cycles take about 7–10 years, and you dont want your exit time frame to coincide with a business down-cycle.
A good answer will also require how your overall other investments are panning out. If you have zero equity exposure and other fixed income assets (e.g.: debt mutual funds, FDs, cash etc), then it might be work taking exposure to equity funds in the following format:
Large cap equity funds with good dividend yielding track record. This is because good companies will continue to generate cash out of profits and you can benefit from that. May not get stellar returns but it is better than keeping money in FD.
Balanced funds with equity exposure of upto 70%. These are often called hybrid funds, and own both stocks and bonds. They earn the "balanced" title by keeping the balance between the two asset classes pretty steady, usually placing about 65–70% or more of their assets in equity and 30%-35% in bonds.
They will give a good taste of Equity and can steady your investment any market correction. Explore more on various balanced funds here, or see the fund cards below.