Those looking to invest today during Muhurat trading are looking to add value stocks to their portfolio for long term investments. And if they do not have a Demat account, then today we are going to tell you such a method that you will be able to become a part of Muhurta trading without opening a Demat account. And will be able to give a new turn to the journey of investing in shares.
You can invest without demat account
It is believed that trading during this time brings good luck and prosperity. This session usually takes place after the market is closed on Diwali and the participation of retail investors increases in it. Investors also believe the same about investing in the stock market. As we know that investing in shares requires a demat account. And investors who do not have a demat account can still invest in stock markets through mutual funds. If you want to invest in mutual funds then you can follow these steps.
- Go to the website of the mutual fund house. Enter your login to login. For this you can use platforms like Grow, Angel One and ET Money.
- After logging in, you can click on Transact. This will open a dropdown menu in which lump sum/SIP options can be selected.
- You can choose the scheme in which you have already invested. Otherwise, you can add a new scheme to invest in.
- After selecting a new scheme, you will have to select the category (Equity, Debt, Index, Fund of Funds, Hybrid Liquid, Overnight, etc.) and scheme.
- Enter the amount to be invested. The minimum investment should be ₹5,000 in case of lump sum investment or ₹100 in case of SIP. After that, when you proceed further with the process, your investment will be completed successfully.
