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Utilize full Hra,
https://cleartax.in/s/can-i-pay-rent-to-my-parents-to-save-tax
Chief
First is check how much term insurance you have and take one if you don't have or its not enough.. better to take atleast 1 cr now
Make sure you have emergncy funds of 6 months salary
Next calculate how much you may need for short term like you planning to buy a car or marriage etc and put an RD for that.
Next based on ur risk appetite decide a percentage of savings for shares + mutual funds + gold+ FD. Also plan for a house or real estate you want to acquire.
if you not exhausting 80C fully u can go for other savings as well including EPF. NpS is also a good option if you planning for a retirement fund.
Start with ELSS. Open a Demat Account with Zerodha or anywhere you like, drop an amount (1.5L-your yearly PF) into ELSS mutual fund to exhaust 80C. Get a feel of it, rest financial decisions will follow once you make take the first step. This is the easiest to start with.
Chief
If ELSS never go for zerodha.. i would suggest much simpler and easier options.. if you just want to invest in mutual funds and do not have much knowledge go for scripbox.. if you want to invest in MF and shares also go for upstox