How to make your bonus work even harder

Iama 27-year-old engineer and recently received a bonus of ₹55,000.

- Vivek Banka

I want to invest this money in mutual funds, but I've been advised that lump-sum investments should generally be avoided. My investment horizon is about three to five years, and I have a medium-risk appetite. Given these factors, where would it be best to invest the bonus to balance growth and safety?—Name withheld on request

This has been a common dilemma that almost every investor faces at some point in time: whether to invest a lump sum all at once or to stagger the investments over time. Trying to time the market can always be risky, as investors may wait for the “perfect” moment and, in the process, miss out on significant poten gains. In other words, delaying investments often means missing the bus on opportunities that could have grown their wealth.