Now i have RS.2000,i invest my money to shares,what i do?

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Now i have RS.2000,i invest my money to shares,what i do?

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VK

With Rs. 2,000- you cannot invest in stock market. Thats a pretty small amount.

Chris C

You cannot convert into shares, but you can transfer into an SIV or asset backed investment through teir 2 investment firms.

vikas

Invest it in some Mutual Fund.

Lakshman k

Invest in Gold or put it in a Fixed Deposit.

sandevyl

You can start your investment with Rs 2000/- but you won't be earning much....infact there is every possibilty that you can even loose the amount.

Better option would be to increase your investment capital and apply in Mutual Funds or IPO.

For SIP in Mutual Fund you need minimum Rs 500/- per month and for one time buy Rs 5000/-.

Minimum amount required for investment in IPO is between Rs 6000/- to 6500/- depending upon the share, but in the case of IPO the allotment is not guranteed.

coupleskolkata

With Rs. 2000, you can go for a 4 month @ Rs. 500/- with any ELSS Fund of Mutual Fund like SBI Magnum Tax Gain or Birla Sunlife Tax Relief '96 and your this Rs. 2000 would be approx Rs. 3500 or more in 3 years from the date of investment.

Erin

Rs. 2000 is a really small amount. So you can't invest in shares, yet. So...... what I would do, is put my money in the bank for interest and then as my money grows to be more and more then you can invest in shares.

sus

With this small amount you can't buy shares.
Actually you have to open a demet account with a broker. Then you can buy shares for this amount. For maintaining the demat account you have to pay some amount.
For this small amount, the annual fees seems to very high. If the amount is big means it is ok
But you can invest in mutual fund. But the minimum amount is 5000/-rs. Only initial fees is there. There is no annual fees.
If you are buying straight from the company means there will be no entry load.

M V

try consulting a financial planner

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