Where should I invest surplus cash of Rs 12 lakh?

I have some surplus cash of Rs 12 lakh. I want some investment ideas/funds. I am a moderate risk taker. I can keep invested till I get returns.

-Sayandeep Mukherjee

First, you have to answer when you need the money. If you have the need for it in the next five years, you should invest it only in safe bank deposits or debt mutual funds. If you don’t need the money for the next seven to ten years, you can invest in equity schemes. Always choose the schemes - both debt and equity schemes- based on your risk profile and investment horizon. If you are confused, seek the help of a mutual fund advisor.