Where can i invest 5 lacs to get max benefit Niraj, 29 Dec 2012

my age is 43.I have 5 lacs available at this point of time..this money is available for long term.Where should i put this money to get maximum benefits.

Fintotal Answer

Niraj you can invest these 5 lacs in a good debt fund and do a STP of Rs 46,000 monthly in one of the best diversified equity mutual fund of the same fund house. STP is a tool you can use when you have huge sum of money and investing it in a go isa wrong approach. Read our articles on STP and Debt Mutual Funds for more information.

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