Can i start investment in share with Rs. 500???? also pls help me to know more on the same?

Question

Can i start investment in share with Rs. 500???? also pls help me to know more on the same?

Answer 1

Hi flora,

Now a days its ok to start with Rs 500 also with demat format. You should have stock trading account with brokers and demat account before you start investing.

Answer 2

Floral,

It is only a MYTH  that one investor required lots of money to start invest. There are investment opportunities with Rs. 100 also by monthly. Reliance mutual fund has such plan.

No need to open dmat account or any such. You can have full equity investment's exposure through a well performed equity mutual fund by investing systematically and in a disciplined manner. Also, it is not recommended for a newbie to enter direct equity investments because of less knowledge.

You can start investing with Rs.500 and NO DOUBT. To do this, select a very good equity mutual fund and start a SIP (Systematic Investment Plan).

Presently most of the ELSS (Tax saver) funds allow a SIP with minimum amount Rs. 500 monthly.

For you, the Well performing diversified Equity Fund SBI Magnum Contra also required min 500 to start a SIP. Contact your nearest SBI branch and start a SIP with this fund. I personally invested on this fund and it is known as one of the best diversified fund today. This fund will give you handsome returns in a long run sure.

Go ahead and start investing journey confidently. You will win

Does this make sense ?

Answer 3

Sure you can. Rs.500 is a good amount to start investing monthly with!

As a beginner, you are well advised to start a SIP in a reputed 5-star mutual fund. Reliance growth, SBI Magnum Contra is another, HDFC Prudence and Magnum Taxgain could be the options for you. Read about the best funds at http://www.valueresearchonline.com/topra...

Answer 4

No

Answer 5

Hello

u can invest in ( I K F TECH ) for 4 to 5 months.