I'm 39 years Old - Need your advise - I have yet to start the SIP or Mutual investments in my life due to fear factor. But i thought i can start something now due to age and plan for my kids wellness.
Currently My Investments will be as per below:
- LIC Jeevan Anand - 60k Per Year
- LIC Super Annuation 84k Per year
- NPS - 57K Per year
Please advise for investments.
Ans: You can start investment in hybrid funds like ICICI Pru Balanced Advantage Fund, HDFC Balanced Advantage Fund, Edelweiss Balanced advantage funds.