Where should I invest a lumpsum and monthly SIP?

I want to invest Rs 50,000. Where should I invest it? I also want to invest Rs 6,000 every month. Where should I invest it?
--Shivani Sahu

Puneet Oberoi, Founder, Excellent Investment Advisors, responds:

Since you have not mentioned your investment horizon, it is difficult to suggest investments. Assuming you are investing for a long period, here are some suggestions.

One, invest the lumpsum in Motilal Oswal MOSt Focused Multicap 35 Fund.

Two, start a Systematic Investment Plan (SIP) of Rs 3,000 each in Mirae Asset Emerging Bluechip Fund and Aditya Birla Sun Life Frontline Equity Fund.