I am 37 year old working woman. I have Rs. 3.5 lakh and want to invest in FD, Gold & MF one time and afterwards want to do SIP of Rs. 8000 pm.
Ans: You can invest 63% in Equity oriented MF, Gold – 10 to 15% and remaining amount is Debt MF / FD
You may consider the below funds for lumpsum and monthly SIPs
a) UTI Flexi Cap – Growth
b) Parag Parikh Flexi- Cap Growth
c) Axis ESG Equity Fund – Growth
d) DSP Mid Cap Fund – Growth