I have 12Lakhs in mutualfund and 8Lakhs in cash and 20Lakhs of Home loan, thinking to deposit the 8Lakhs in home loan, as sometimes I get worried that I have a loan to pay.
What's your opinion?
Same here, loan takes away your peace of mind. Probably invest those 8 lacs in gold or safer instruments, and try to increase that to 20 so that you will feel safer that whenever there is any issue you can easily pay back the loan I also have a 60L home loan.
how old are you?
32M, unmarried
Don't do it. Continue investing in mutual funds, you will benefit from tax savings and profits.
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