Hello JagoInvestor Team,
Recently, my father (age 57) sold a property for 40L and he wants to use this amount to build his pension. He does not have any other income apart from this.
My father is read to give me this money if I can give him bank FD interest rate.
Needs your help to invest this amount. I do not need this money for the next 12-15 years.
Iam providing following information just in case if it helps while you are responding.
1. I do SIP in FTBluechip, HDFC Top200, HDFC Equity, IDFC Premier Equity Plan A
2. My age is 31 and I am in 30% tax slab.
3. Family is fully covered with health & term insurances and staying in own flat.
Thanks