hello sir.. i am a 36 yr old marine engineer with an annual income of 40 lkhs per annum..i wish to start investing my money for my retirement and also for my 2 kids education + marriage etc..( till now liabilities like owning a flat and car and my education etc).. going through different schems i found investment and insurance should not be together.. but now while going through different schemes came to understand that even top performing mutual funds like HDFC top 200 gave only 7.9 % returns annualy for the last 5 yrs.. considering most of the banks gives 9 % intrest for NRE FD’s is it wise to deposit the hard earned money in FD’s rather than to invest in not so sure performing mutual funds and not to waste hard earned money?? for the insurance purpose i would like to go to a pure term plan only…
pls advise