I recently received a ₹50 lakh windfall. How should I invest it?
Live MintI am 40 years old and recently received a ₹ 50 lakh windfall. - Name withheld on request A ₹50-lakh windfall presents a valuable opportunity to reassess your financial strategy, particularly in the context of retirement planning and funding your children’s education over the next 8-15 years. Given that 60% of your current portfolio is allocated to equity mutual funds, incorporating real estate can provide diversification benefits, especially with a 15-year time horizon. Here’s a potential allocation: ₹ 30 lakh into a diversified equity mutual fund portfolio, ensuring exposure across large-cap, mid-cap and small-cap funds. 30 lakh into a diversified equity mutual fund portfolio, ensuring exposure across large-cap, mid-cap and small-cap funds.
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