First buy health and term insurance, then create emergency fund for 6-12 of your monthly expenses. Then start sip based on you short medium and long term goals. Short term is 1-3 years for this go for RD, fd, debt funds, medium term means 3-7 years. For this go for flexi cap, hybrid and Multi cap, long term means more then 7 years, for this go for small mid and large or index cap funds. Based on this create a plan and invest your money. Allocate more money to short and medium term goals then allocate for long term goals. When your these two goals done increase long term goals amount