As far as equities go, Rs 60,000 or 20 per cent will go into index funds because of the nominal entry load and expenses.
With the Sensex down at sub-9,000 levels, any rise will ensure that I am able to take advantage of it, even if it happens after a while.
The other two equity investments will take care of safety and aggression.
I will start four SIPs (Rs 2,500 each), three in large-cap equity diversified funds and one sector fund.
I would look at research data on the performance of the top 10 funds and invest for a minimum of three years.
Among sector funds, I will opt for an infrastructure fund simply because I believe that this is an important need of the Indian economy that will be addressed sooner or later.
And I will invest in it for a five-year period. The sector fund will compensate for the slightly-lower returns from my index and equity-diversified funds.
Image: A stock trader takes a nap during a lull in trading in Mumbai. | Photograph: Indranil Mukherjee/AFP/Getty Images
Also read: Naresh Goyal is his own worst enemy
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