I have some 20 lacs that I want to invest . Can you suggest Mutual funds to invest for both short term and mid term ?
Currently, I am thinking of 1) HDFC balanced fund 2) Tata balanced fund 3) Birla sunlife MIP II wealth 25 plan ( short term) 4)Post office term deposit 5yrs + RD 5yrs .
I am 40 yrs and suggest me a good investment mix for the 20 lacs . I would also like to open a SIP as well , please suggest me any good fund where I can start SIP as well .