Step 5 – Start Investing
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Open accounts if not already:
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Demat + Mutual Fund platform (Groww, Kuvera, Zerodha Coin, etc.).
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Begin SIP (Systematic Investment Plan):
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Equity: Nifty 50 Index Fund + Nifty Next 50 Index Fund (50–70% of portfolio).
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Debt: PPF + EPF + Short Duration Debt MF (20–40%).
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Gold: Start buying Sovereign Gold Bonds (5–10%).
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👉 Action: Start SIPs immediately (even ₹5,000–₹10,000/month).
Step 6 – Optimize Taxes
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Max out 80C (₹1.5L/year) → PPF / ELSS / NPS.
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Use 80D for health insurance premium deduction.
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Avoid unnecessary churn in investments to save on capital gains tax.
👉 Action: Check if you’re already using full 80C; if not, add PPF/ELSS.
Step 7 – Stay Consistent
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Set calendar reminder: Review portfolio once a year.
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Rebalance → keep equity:debt ratio as per your age & risk.
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Don’t stop SIPs even if market falls — that’s when wealth builds.
👉 Action: Automate SIPs → don’t rely on memory/discipline alone.
Step 8 – Build Towards FI
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Track your FI Number (expenses × 25).
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As corpus grows, keep 2–3 years of expenses in safe liquid funds.
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Later, use SWP from mutual funds for monthly income.
👉 Action: Start tracking your net worth every quarter.
⚡ In short: Now is the time to make your money work for you.
You’ve already done the hard part (discipline + savings).
