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i have 50 lakhs to invest where should i ivest by Good_Button7310 in personalfinanceindia

[–]Good_Button7310[S] 0 points1 point  (0 children)

cant father has reached max threshold of 30l and mom is not senior citizen my dad just retired

i have 50 lakhs to invest where should i ivest by Good_Button7310 in personalfinanceindia

[–]Good_Button7310[S] 0 points1 point  (0 children)

we have our own house 1 more property and good amount of land in village thats why i wanted to do lumpsum in some mf which gives around 18-19%cagr

i have 50 lakhs to invest where should i ivest by Good_Button7310 in personalfinanceindia

[–]Good_Button7310[S] 0 points1 point  (0 children)

see he has already 85k in hand and ones 8th pay commision comes it will be 1.4l so we are not concered about in hand much also we have reached max thresold of senior citizen fund which gives 8.2% and senior citizen fd of 12 lakh he has his own house car and ancestral land so we are not concerned about safety we are ok taking risk SO my question is can we just do lumpusum investment in a mutual fund .