Publication details: Money Manager – CNBC Bajar – 09-09-2015
Responses, opinion and view from Kartik Jhaveri.
Question sent by Nilesh Thakkar:-
I am willing to invest a lumpsum of Rs. 1 lakh for a short term and do an SIP for long term. Please guide me with regards to this.
Also advice me as to which mediclaim is best.
Advice given:
- For the short term investment, you could invest in short term liquid funds, which will provide safety, liquidity and fair returns.
- For the SIP, you could consider investing in equity mutual funds.
- For your mediclaim, you could check out websites like Policy Bazaar where you can compare various plans and then select the one which suits your needs.
- Consult your agent. Floater is a good idea. Look at network of hospitals near you.