Dear sir,

I am 24yr Engineer working with a reputed manufacturing company.My take home salary per month is 20,500 PM.

I have invested in MF  with monthly SIP of 1000/-  each in two funds

1.SBI magnum equity fund growth(1000/- SIP)

2.SBI emerging business fund(1000/- SIP)

I have one LIC plan jeevan anand premium of 1050/- per month for 25yrs.

I also have one RD of 1000/- pm in SBI.

Further i want to invest 4000/- pm  where to invest it i am confused with PPF,RD,share market etc.

My goal is to buy small flat with budget around 1500000/-  in rural area after 2-3yrs with home loan from bank.For this i have to pay margin money around 15-20% of property price + 5% stamp duty + 1% service tax +VAT etc etc.To pay these amounts i am investing my money for maximum 3-3.5 year duration only.

Please suggest me sir.

Thanking you!