Those who want to invest today during Muhurat operations are looking to add value stocks to their portfolio for long-term investments. And if you do not have a Demat account, today we will tell you a method that will allow you to be a part of Muhurta trading without opening a Demat account. And you will be able to give a new twist to the journey of investing in stocks.
You can invest without demat account
Trading during this time is believed to bring good luck and prosperity. This session usually takes place after the market closes on Diwali and increases the participation of retail investors. Investors also believe the same about investing in the stock market. As we know, investing in stocks requires a demat account. And investors who do not have a demat account can still invest in the stock markets through mutual funds. If you want to invest in mutual funds, you can follow these steps.
- Go to the website of the mutual fund house. Enter your username to log in. To do this you can use platforms such as Grow, Angel One and ET Money.
- After you log in, you can click Make Transaction. This will open a drop-down menu from 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 plan to invest in.
- After selecting a new scheme, you will need to select the category (Equities, Debt, Index, Fund of Funds, Liquid Hybrid, Overnight, etc.) and the scheme.
- Enter the amount to invest. The minimum investment should be INR 5000 in case of lump sum investment or INR 100 in case of SIP. After that, when you continue with the process, your investment will be completed successfully.
