Where to invest my money which is lying in bank account

At present I have 1lac cash at my SB A/c. I want to deposit it in Mutual Funds. At the same time I want to start a regular SIP for Rs. 3000 per month. I need your help?

Jul 20, 2017 by Brahmananda Majhi, Kolkata  |   Mutual Fund

Even though you have mentioned the amount that you want to invest, what you have not mentioned is the time horizon for which you want to make the investments and our risk profile. The same applies in case of your SIP investment also.

Investing in mutual funds is purely based on the above two facts and therefore, request you to write back to us with these two details in order to answer your query well.

Thanks for writing to Advisorkhoj.

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