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M21. Help me invest my hard earned ₹50k.
Hey. I come from a lower middle class background. I did Zomato deliveries along with my B.B.A. degree. I saved ,₹50k in last one year. Now I am placed at an MNC with a package of 6L/Annum. I don't have much experience with stocks as never had the capital to invest. With advise from my dean I invested in a few mutual funds (5k. Motilal Oswal mid capfund direct growth/5k in SBI PSU/5k HSBC Equity Savings Fund). I have put 15k as FD in my bank. Left with 20k. I want to build my portfolio and have been keeping eye over few stocks for long term investment. Let me know what you think of the stocks I have choosen (CESC/Edelweiss Financial Services/PNB/Reliance Power) and I will be thankful if you guys add your valuable guidance to invest in some other stocks in the market.5
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