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Investment advice for first time investor

Hello,  I’ve recently started working.  Till last year, however, I had not invested in anything, as my tax liability was quite low, and it didn’t seem worth it. 

However, I’d like to get on it with the new financial year coming up ( thos on’e almost over for me to do anything), as there’s money lying idle. 

With changing financial backgrounds, it’s difficult to know where to put one’s money in…I’d like to have some decent RoI on it as well. 

I’ll probably be investing something in PPF.  What else should I invest in please? and specifically? It’s easy to say Life insurance or mutual funds, but there’re quite a lot of them in the market. Which one to go for? And what to look out for if you’re starting at the beginning? 

 

I’d be obliged if someone could help me out on this. The sooner I start, the better. The investment I’m looking at would be somewhere in the region of 1.5 Lakh or so. It’s a tiny amount, but have to start somewhere…

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