For a young professional looking to build wealth over time, consider starting with equity mutual funds, particularly Systematic Investment Plans (SIPs). SIPs allow you to invest a fixed amount regularly in mutual funds, offering the benefits of compounding and rupee cost averaging, which can mitigate the impact of market volatility. Equity mutual funds have the potential for high returns over the long term, making them ideal for wealth accumulation.

Additionally, explore investing in the stock market by building a diversified portfolio of high-quality stocks. This requires some research and understanding of the market but can offer substantial returns if done wisely. For a more balanced approach, consider a mix of stocks and bonds to reduce risk. Another practical option is the Employees' Provident Fund (EPF) for salaried individuals, which provides a steady and secure way to grow your savings with tax benefits. Combining these options can help you build a robust investment strategy tailored to your financial goals and risk tolerance.