Hi all, I save about 40k/month after all monthly expenses.
I'm planning to invest this amount in equities to maximize returns.
Need suggestions on where to invest? I'm aiming to accumulate 40L as a down payment for a flat.
Mutual funds SIP. 50% in index, rest in specialised sectors. Distributed 35, 35, 30 is small, large and mid cap respectively. Invest and forget, till you are at 50L. (taxation is a bitch) Your chances of outinvesting the active trader is far higher than timing the market. Stay vigilant.
Thank you 🙏
I have 50 lakh of savings in my bank
I want to invest it to maximize earnings, where should I invest?
My current plan:
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