Ideally, Retail Investor should invest as per ASSET ALLOCATION.
30% Debt ( PPF - 30%, Long term MF Debt fund -30%, Tax free
Bonds -10%, Bank FDs -10%, Traditional LIC - 10%, short term liquid fund -10% )
30% Real Estate (1st own home, 2nd Home for Rental Income, 3rd Commercial property & 4th
Land or plot)
30% Equity (Large cap MF -30%, ELSS - 30%, Midcap/Smallcap - 30%, Direct large cap shares -10%)
10% Alternative investments (Gold ETF -30%, Silver -30%, Daimonds - 30%,Antiques paintings etc-10%)
Above Asset allocation is only for reference and one can change or modify it according to his/her situation.