Hi ,

I just surrendered a ULIp and a couple of Mutual funds .

I now have around 5L of cash with me .

Out of that I plan to allocate Rs 3L as an Emergency Fund .

How do I invest back the Rs 2L left with me .

Presently I am continuing my investments in HDFC Top 200 and SBI Emerging funds .

The SIP for both of them is Rs 2500 .

I plan to add Quantum Long term Equity ,IDFC primiere and DSP BR Top 100 .

I plan to invest Rs 25000 per month in Mutual funds and plan to share the amount among the 5 above mentioned Mutual funds  .

I want some suggestions on 

1. How to invest the Rs 2 Lakhs left with me (after carving out the Emergency fund of Rs3L) .

2. How to use the Rs 3L emergency Fund in the best way possible .

    Like do I invest a portion of the amount in Liquid funds and keep the rest as cash in my savings      account . Or do I try to go for a FD .

I have just started learning the Nuances of Investing and there are many things/terms I might not be acquainted with . So please be patient when responding to my queries .