1. Invest in 4 to 5 funds thru SIP.Make sure to invest in equity funds so that u have diversified investment.
2.If u want , u can choose a supporting equity fund which is more sectorised.
Ex:- ICICI prudential discovery,IDFC premier Equity.
3.As time passess and u get older start investing in MIP(Monthly Investment Plans)
4.Some other Investment Options:-
-Reliance Growth
-BSL Tax Relief
-HDFC Tax saver
-Magnum Tax gain
-ICICI PRU tax fund
-liquid fixed Deposits
-DSPBR Equity Fund
-DSPBR top 100 fund
-Franklin Tempelton Blue Chip.
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