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How to diversify your investment portfolio?

Hi,

I am a beginner in investment, started my first job just 18 months back. Till now on name of investment I have invested some amount in PPF and rest in stock market (with equitymaster.com recommendation). Also, As emergency fund, I have amount approximately equal to 5 month of expenses in my savings account.

Now, I want to know more about the other available options and diversify my investment portfolio. So, what are different investment options available in market right now (especially for beginners)? How much percentage should I invest in each of them?

And, For the emergency fund, Should I keep them in saving account as it is or I should invest them somewhere as well?

Thanks

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