@shiven222 do research and invest in good learning like do a trading course part time with college you will beat 90% of people surround you..
PSU is safe but you should go for high risk. As you are young you have not much responsibilities you should explore more options....
Bhai nai bhi to Kam se kam 500 rupay se to start karta ......Jitna tu kamayega ni usse jada to andhbhakto ki Amma tax kha jayegi ...
Do lumsum monthly whenever the market goes down.....It will give more benefits rather than doing one time or any SIP.