I have around 30 lakhs in FDs. Where to invest further ?
I have not tried mutual funds yet as I get confused which mutual funds to pick and how much SIPs should be done ?

I also think like let's say for example - I have 5lakhs in my savings account, so I can instantly do FD of those 5 lakhs in one go, but I cannot invest 5 lakhs directly in one go in mutual fund.

Can anyone please help, how to invest the money currently in savings account, given I already have FDs in place of around 30 lakhs

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Posting as :
works at
You are currently posting as works at

I'm into wealth management and I can definitely help you with your investments.
Drop your mail ID in order to connect easily..

stop checking with any wealth advisors and giving you commissions. Check yourself past 5-10 year trend and invest yourself in any mutual fund.

Choose ICICI pru india opportunities fund - for best results lumpsum is fine too but make sure it is DIRECT and not REGULAR fund.

With declining interest rate and volatile market, I would suggest continue PPF and NPS T1 if not already for retirement savings. Remaining funds, if possible start depositing in the name of senior citizen parents’ SCSS schemes, highest possible tax free return you would get if they are not working and aged. If it is not feasible, try normal FDs in someone’s name (parents or spouse) only if TDS can be waived off, then invest smartly in mutual fund using SIP.

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