TEST asked 5 months ago

I want to invest some amount for buying a car in future, I can bear moderate risk and planed to buy with 5 years.

1 Answers
snehil kumar Staff answered 5 months ago

According to your savings you can invest around 10% on mutual funds gradually increase the amount in sip when your saving increases, 20% on shares as you have to deal with the economy growth and market grows with same pace as economy, 20% you try to invest in FD, Post office schemes as they are safe and minimize the losses happened in shares. Rest of the amount would be your saving, which will be approx 50% of your savings. 
Thank You