How to invest Rs 5 lakh based on age, goals and risk

A Rs 5 lakh corpus can be deployed across equity, fixed deposits, gold and other assets depending on an investor's age, goals and risk appetite, according to a report by Livemint. The allocation should evolve with life stage, says Sarvjeet Singh Virk, CEO of jUMPP.

For a 25-year-old with a 15, 20 year horizon, a larger share of equities or equity mutual fund SIPs is recommended, alongside some liquid holdings. At age 35, the plan should balance growth and stability, equity exposure combined with fixed deposits and a measured allocation to gold. For a 60-year-old, capital preservation and liquidity take priority, with a larger share in fixed-income instruments and lower equity exposure.

Livemint emphasises that periodic review of the portfolio is essential as circumstances, responsibilities and risk tolerance change. The article is for informational purposes only and does not constitute investment advice.