SparklyNugget

Investment Advice for Surplus Moony

Hi folks, Noob here I have surplus money laying around in bank and FDs.

Total ~ 19L Bank: 7L (extra didn't account for amount which I will hold in bank) FDs: 12L( This could be an Emergency fund?)

What should be the ideal split in different categories in order to invest/grow/save this money?
If some of this needs to invest in equity so how to do that? Like SIP or lumpsum but market are already very high....

🙏 Thanks in advance.

11mo ago

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DerpyWaffle

Airtel11mo

If you need any help with mutual funds, DM me. I am a sebi registered mutual fund advisor. Can help you.

QuirkyNugget

Stealth10mo

Working at Airtel?

DerpyWaffle

Airtel10mo

Yes

QuirkyPretzel

TCS10mo

Asking out of curiosity- what’s your age and CTC?

SparklyNugget

Google10mo

22, 33L+25L RSUs

SleepyTaco

Stealth10mo

You work at a startup and its issuing RSUs instead of ESOPS?

FluffyCupcake

Amazon11mo

“markets are already high”

Tell me honestly, since how long you are telling this and keeping money in saving account 🤣

SparklyNugget

Google11mo

Bank wala to issi month aya👀, JB

SquishyPickle

Axis Bank11mo

Don't ever do P2P, your entire capital is at risk, no matter what p2p company says, your funds are secured or insured, nothing works when shit hit the fan.

Looking at your post I will suggest, 60% in Nifty 50 mutual fund & 40% in either small cap or flexi cap.

Just look for mutual fund with low expenses ratio & good past performance.