Hi guys, i am 22 yrs old and just started out in my job. I am earning around 39k . I am planning to put around 60-70k in PPF to make up for 1 L tax exemption . Other than that i a thinking of keeping around 20K per month in HDFC sweep-in account . That leaves me around 10-12k per month for investment . Can you guys advice me on where to invest . I was thinking of SIP or ULIP .I had even given a 15k cheque to HDFC SL Youngstar Super Premium yesterday. But after hearing bad things about this ( and ULIP in general) , i am thinking of terminating this plan and taking up Mutual Fund . But i have very little knowledge in this domain , so can you please help me out ..
Thanks in advance
Thanks in advance