How to Invest in Gold, Silver, and Top Companies of India with Just Rs. 100
If you want to start your investment journey in gold, silver, and India’s top companies with just Rs. 100, it can be possible with the help of Exchange Traded Funds (ETF).
What is ETF?
ETFs (Exchange Traded Funds) are a type of investment fund that tracks the performance of assets such as gold, silver, or a group of companies. In place of buying physical gold or individual company shares, you can invest in these funds at a lower cost. They are listed on the stock exchange, making them easy to buy and sell just like shares.
Here is how you can invest with Rs. 100:
Investing in Gold
If you want to invest in gold worth Rs. 90,000, there is no need to spend that much. Simply search for the Tata Gold ETF on your stockbroker’s platforms. Priced at approximately Rs. 9, this ETF allows you to gain exposure to gold price movements without physically owning it.
Investing in Silver
If you want to invest in silver, you can invest through the Silver Bees ETF by Nippon. It is currently available for around Rs. 95. This ETF tracks the price of silver and offers you a cost-effective way to participate in the silver market.
Investing in India’s Top 50 Companies
If you want to invest in India’s leading companies, the Aditya Birla Sun Life 50 ETF is an excellent option. Priced at approximately Rs. 26, it tracks the performance of the top 50 companies listed on the NSE. It is a smart way to diversify your investment and gain from the growth of large-cap companies.
Invest in Mid-Cap Companies
For even more growth potential, look at the Mid 150 Case ETF. This ETF is invested in the best 150 midcap companies in India. These are growth opportunity companies, and investing in them through an ETF is a cost-effective means of sharing in their success.
Conclusion
For only Rs. 100, you can invest in a diversified portfolio in gold, silver, and large-cap as well as midcap stocks. ETFs provide an easy, low-cost, and flexible method of building wealth. Begin your investment journey today, and let your money work for you.
