Yup. Max-out your investment in FDs upto the insured limit / threshold for extremely quick and liquid emergency needs. Can then think of getting into GSECs.
Purely from a risk perspective, here’s a handy list i like to use -
When thinking of investing in N,
first think whether you have already maxed-out your investments in 1 to N-1?
(and still have some left to “invest” in N ?)
- 80C
- PF
- FD
- GSECs
- Indian Large-cap ETF
- Indian Mid-cap/Small-cap MF
- Equity via individual stocks
- Real estate
- P2P lending
- Other speculations