[mayurpathak]

Let us start with your risk taking abilities and returns desired. I give you following options. Choose that you may think are the best. Please don't be biased because you have heard about some thing some where or you know nothing about it.

1. Start a business. (I know your question would be, how come with only 100k. But this is an option.) High Risk Uncertain return.
2. Invest in equity. High risk, High Return.
3. Invest in Mutual Funds. Moderate risk moderate return.
4. Go to the debt market and lend it to a needy businessman. Moderate to high risk- Moderate to high return.
5. Invest in debt instrument. Low risk low return.
6. Buy a ULIP policy. Life secured but low return.
7. Keep it in bank. No return.

These are some of the beginners options. There can be many permutations and combinations that can also be altered/exchanged from time to time. I'm ready to discuss this depending on how you desire to move ahead. Choose your options and I'll suggest their pros and cons.