I am 24. Want to start investment in equities.?

I can spare about Rs.4000/-pm. Where should invest the money. I have a long term perspective. I am preopared to take a little bit risk. Please suggest some options
Thanks

You have multiple best options as per your risk profile, time and knowledge:

1. Direct Equity investment through an online/off line trading account which can open with any share broking firm like ICICI Direct, reliance money or UTI Securities. buying shares in each month is not advisable because you have to pay brokerage. So accumulate your savings in a particular account and when the market is correct time to buy, go ahead and buy the share of good companies. to know good companies, you have to have time to research about. As a new comer, it is not advisable to you. Enter to stock market for direct equity investment after getting some experience through learning the process properly.

2. Invest through mutual fund: This could be your best option. You can have a SIP (Systematic Investment Plan) of 2000 each in 2 good equity mutual funds. DSP Merryil Lynch Tiger, ICICI Prudential (both are thematic with full equity exposure) or DSP Equity, Sundaram Select focus, Fedility Equity, Kotak Opportunities, SBI Contra are some well performing mutual funds compare to its past an present performance. If you require a tax savings plan, you can opt Sundaram Tax Saver, PNB Personal Tax Saver, or DSP Tax Saver, all are best performing funds. In the balanced space go for HDFC Balanced, DSP Balanced both are top in that space. Start mutual funds contacting directly to the mutual fund office and this will enable you to not have any entry load.

3rd Option is, buy the index fund. You can have exposure by investing all the companies listed in the particular index in an equal amount. This is also a best option for you to have exposure of investing in all the companies listed in an index with small equal monthly amount. This is perfect for get a security on your capital in a great extend. ICICI, Reliance, HDFC mutual fund housed has Index fund for Nifty and Sensex indexes.

Keep in mind:

Be a disciplined investor with long term investment focus

Think twice before entering to direct investment

Always invest through SIP with mutual funds

Always research about the product for its past and present performances and compare this with its peers. To do this moneycontrol.com, mutualfundsindia.com, valueresearchonline.com are your best friends

a mutual fund of some type - mutual funds invest in a large number of different companies stocks to spread out the risk - small cap mutual funds are doing pretty good right now in USA

learn charts first

invest in gold also

more on this site

for all your stock related query you add me on your yahoo msgr,I shall be there to suggest you online and respond all your queries

Would strongly recommend that you read a few books on "investment and portfolio management". In fact, you would be able to invest in a few good books with your spare money.

We would suggest, "Security Analysis" by Graham and Dodd, "The Intelligent Investor" by Benjamin Graham and "One up on Wall Street" by Peter Lynch.

Trust us, it would be the best investment you ever made.

Akash
http://www.narachinvestment.com

You should start by going to a well respected brokerage firm or bank in your area. You want a firm noted for its conservatism and its service. Pay attention particularly to fees, they can add up to huge sums so shop around among these "stodgy" firms. After that, I suspect you should start educating yourself so you can do the same work, but for lower fees and maybe better returns. Start with "The Intelligent Investor," by Benjamin Graham. It is written from an American perspective and it was last published in 1972, a couple years before he died, but it was an exceptional book then and it is still in print because it is still an exceptional book almost forty years later.

Listen to the advice of the professionals at the old reliable conservative firms, then learn enough to be able to work without help.

4000 pm is not very big corpus to invest directly in Shares. You may start with investing is mutual funds.

Divide this 4000 in 4 parts and invest each part in different but reputed mutual funds. Two mutual funds should be growth oriented and two should be dividend oriented.

Start SIP and follow it diligently.

Hi, Congrats that at such a young age you have thought of investing your money and that too for long term.You can invest in equities through mutual funds, as investing directly in the market can be quite risky. You can opt for a systemetic investment plan where in you can invest 4,000/- pm in 4 different schemes (1,000/- in each scheme) If I had to invest then I would invest in HDFC Top 200, Kotak 30, Sundaram Select Focus and ICICI Infrastructure.
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Good idea to start investments while you are young. Invest in MF - Diversified equity funds on SIP(Systematic Investment Plan) scheme for growth option. My suggestion:
50% of your spare able amount invest equally to Magnum Tax & HDFC Tax, 25% to HDFC Prudence Fund and balance equally toTata Infrastructure & Magnum Contra funds.
Visit this website for further/regular update/study:
http://www.valueresearchonline.com

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