Hi..
I am 27 years old and am considering to invest Rs. 75,000/- in a scheme that offers me flexibility in top up in the coming years and also yield good returns on the investment.
I already have a pension plan under LIC for which I pay approx. Rs. 26,000/- every year. Besides this I also have a medical insurance for me and my wife, the premium of which is around Rs. 7,000/-
What I have in my mind is to go for a pure insurance (with cover of almost 70-75 Lacs) and to invest the rest in some good mutual fund scheme.
Would request for your advice if this would be the right decision and if yes, then which mutual fund scheme should I be going with?