ProProcrastinator
ProProcrastinator
Stealth

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.

14mo ago
majboormajdoor
majboormajdoor
Stealth14mo

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.

DarkerKnight
DarkerKnight
Stealth14mo

Poora FD me dal do

ProProcrastinator
ProProcrastinator
Stealth14mo

FD is one time right.? I’m looking at monthly 20k investment.

Surviving
Surviving
Sunflag Iron & Steel Co. Ltd.,14mo

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.

ProProcrastinator
ProProcrastinator
Stealth14mo

Thanks for the detailed split. Moderate risk appetite. Lock-in period is a bit flexible.. I’m okay with at least 3 years.

Sreekanth
Sreekanth
Unnamed14mo

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.

Parker
Parker
Swiggy14mo

Gilt funds

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