POSTED BY June 24, 2013 12:05 pm COMMENTS (7)ON
Dear Ashal and FFC,
I am expecting 5-6lacs from PF/gratuity in 2 months after leaving my current job. I am planning to invest in debt instrument for duration 3 months to 15 months (should be flexible i.e. able to redeem if required; even more than 15 months tenure for some amount).
I checked Liquid, Short, Ultra short, Income and Gilt but confused which option(s) shall I opt, whether growth or divident pay/reinvest and how much of amount should I allocate?
I already have Term, Health ins plan; also SIP of 15k/month and emergency fund around 2L. Tax bracket: 20%.
Could you please assist/guide me?
Thanks in advance.