JumpyCoconut
Need Investment advice in India for 20k per month
Looking for suggestions or recommendations for investing an amount of 20k per month. Note: This is not my total income. This is what I have to spare and live a comfortable life. Confused about going with mutual funds or SIPs or NPS or PPF or FDs to r RDs etc.
15mo ago
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ZoomyMuffin
Stealth15mo
Wont advice you in detail as you have provided much info. But...
If you are below 50, then don't overdo NPS. NPS can be redeemed post 60, that's too far a lock-in. Make sure all your next 10y needs are taken care off before you start contributing. You can do 500-1000 annually to keep NPS active.
Procrastinating here is wise, as its not reversible.
DancingDonut
Housing.com15mo
Poora FD me dal do
JumpyCoconut
Stealth15mo
FD is one time right.? I’m looking at monthly 20k investment.
SparklyMuffin
5k index MF SIP, 10k flexi cap SIP, 5k NPS. FD is also good at this time due to high interest rates. At last all depends how much lock in period you are comfortable with and risk appetite.
JumpyCoconut
Stealth15mo
Thanks for the detailed split. Moderate risk appetite. Lock-in period is a bit flexible.. I’m okay with at least 3 years.
JazzyNarwhal
Stealth15mo
Follow asset allocation based on risk profile and goals whether it is 20k or 2 lakh per month. Don't follow suggestions like 5k here, 5k there etc. They are amateur suggestions.
WigglyMochi
Swiggy15mo
Gilt funds
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