Where Can I invest Rs 500 Every Month to Get it Multiplied? What Will be Better For Me, Stock Market or Mutual Funds?
Well, its a good idea to invest only Rs. 500 per month. So my best suggestion for you is either you can start swing trading or you can start SIP (systematic investment plan) in the stock market. If you have a little knowledge about stock market then you can do it very well. And
(I have already discussed about how to do swing trading you can check it out in my previous answers).
You Can Get Your Study Materials Here : Varsity
And for your SIP now what you need to do is just go toand find which blue chip stocks are trading at very low price (that is near 52 weeks low). If you have some basic knowledge of fundamental and technical analysis, you can use them to check whether these stocks are buy now qualified stocks or not. Once you confirm, then . After reaching your target you can sell them.
For both the above you need to give some time each and everyday at evening for your experiment on stocks. But if you are busy and you are not able to give extra time for your fundamental and technical analysis of stocks then
You Can Start Your Investing Direct Mutual Funds From Your Trading & Demat Account Through Coin : Check it Here.
Hope This will Help You.