I have around 4lakhs sitting in the bank; how do I invest.
30F here. I recently claimed a part of my PF for an emergency but ended up not using it, so the amount is currently sitting in my bank account. I might need around half of it in a few months to close my loan. Until then, where can I invest this money?
I’ve been investing in a couple of mutual funds for the past 3 years and have also been buying physical gold for years. I would like to earn decent returns on this amount. I considered investing in a Gold ETF, but I’m not sure if it would give good returns in the short term.
I don’t have much knowledge about stocks or the market, so any insights or suggestions would really help me.