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Best way to invest a windfall gain ?

Recently got an old settlement of a good sum and would like to invest this amount but am not sure where I should invest. My age is 43 and the possible investment options are : A second home , NHAI Tax Free Bonds – 15 years, Mutual Fund – split between equity and debt, Bank FD etc. I do not have any immediate need of these funds and hence would like to invest for a long term for me and my wife’s retirement planning.  await your views.

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