With the Sensex crossing the 50,000 milestone, many first-time investors or those who missed out on the rally in the past 10 months might be tempted to make fresh allocations to equities. Financial planners said such investors could allocate money to hybrid mutual fund schemes, which invest in a mix of asset classes. Multi-asset funds, which invest in equities, debt and gold, is one such product that investors could consider, they said.The