Hi I am 24 year old guy earning around 60000/- per month. I have invested in 7 mutual funds sip of around 16000/month in different funds, catering to different sectors & risks appetite. I have also invested in basic endowment plain in LIC, normal mediclaim from sundaram , health insurance from tata aig, & soon i will purchase term insurance for more than 1 cr for myself.
But my question is that now i have approx 10000/month surplus to be reinvested in some sectors. Please advise me should i opt for PPF or RD.
Also note I have approx 8,00,000/- surplus , should i go for Post office MIS or HDFC cash management Treasury fund which is a liqid mutual fund.
Kindly advise me soon.