INVESTMENT IN MF – SENIOR CITIZEN

Dear Mr Sreekanth, 1.     Some how somewhere i have gone wrong that my mail has not reached you in pro[per sequence. I am forwarding it again.. 2.  I am 70 years old retired Army Officer and am drawing enough pension to take care of routine expenses, apart from this I have FDs in bank. Medically I am covered 100% Also i have invested about 4/5 months back in MF as under:- a)   BSL Medium term plan regular growth - Rs2.0 L - Debt Fund b)   Franklin India corporate bond opportunities fund growth -Rs 2.0 L - Debt Fundf c)    HDFC Bal Fund (G)- 1.8 L 3.   I am willing to spend about Rs 7 to 8 L in lump-sum, time frame is say 3 years or what ever you suggest.. Objective is additional money.. I plan 1.5L in ELSS for tax saving & bal for some other scheme. But being new to MF, I seek your help as to how to go about investing this amount. I have held up investment for fairly long as the buzz was to be more careful in the present scenario. So your guidance is solicited. Regards.Ranbir