I want to invest Rs. 13lakhs

[Mitu1]

I have already invested in various mutual funds of 70 schemes and total amount may be around Rs.11 to Rs.12 Lakhs . Now I want to invest Rs.12 Lakhs in lump sum after getting redemption of all these MF schemes .

Here I want to know where to invest after selling all these mutual funds.
or
I want to resuffling all these funds and do some other way.

I am in need to know the right step. Please provide at the earliest .
:rofl::clap:

 

[taurus27]

Not clear about this, you want to take out all your money from Mutual funds and invest it again elsewhere

Ok, assuming you feel MFs are risky and want a less risky option, safest option is Post Office Deposit, you can opt for the MIS - Monthly Income scheme. You get interest on your investment and you can reinvest that interest into a RD account, so at the end of the period (5 years), you will have a good amount, with 100% safety :thumb:

Other option is to systematically transfer your MF amount from equity to debt, where it will still earn you some money, but will be safer

Hope I understood your question correctly :lol:

 

[touchraj16]

I will give you some proper guidence, trying to PM you but its not turned on from ur side. Plz check the same n will reply u later.

touchraj