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.

10mo ago

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DerpyWaffle

Airtel10mo

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

Amazon10mo

“markets are already high”

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

SparklyNugget

Google10mo

Bank wala to issi month aya👀, JB

SquishyPickle

Axis Bank10mo

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.

QuirkyNugget

Stealth10mo

They're gonna do what they feel like. ;)

SillyDonut

TCS10mo

Buy direct dividend stocks like ntpc, iocl, bhel, vedanta, Hindustan zinc etc.

With stock appreciation u can easily get fd kind of return.

P2P lending...20 lacs will give u daily interest of inr. 667 daily or 2.4lpa

Now people will say it's risky, but am doing so since 3y and cred mint, mobikwik xtra and 12% are the platforms I use.

I save my 95% salary due to above reasons.

I know P2P is risky but didn't find anything worth.

Pro Tip - Use ur mom/dad account for P2P, so no tax

SparklyNugget

Google10mo

Thanks, Yeah I am also thinking about doing some research on P2P then will make a call.

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Curated from across

Delhi NCR20mo

Investment ideas

Hi all , I have some 10 lacs of savings which I don't want to keep idle in the bank for obvious reasons, I need suggestions on where I can invest for the next couple of years with Medium risk involved. TIA.

Personal Finance9mo

Need advice on where to invest in lumpsum

Current mf portfolio (total invested = 10L) : Axis small cap Quant absolute Hdfc equity savings Axis blue chip Sbi gold (just started)

Top performers are axis small cap and quant; also running an sip on them

Current stocks (1.3L ): Mos...

Personal Finance3mo

Where to invest my surplus money?

Keeping aside my ongoing monthly equity SIPs.

The stock market is at an all time high. Bangalore real estate too. Gold prices as well. FD interest rates were decreased too. Any other asset class to diversify?

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