If you had one crore rupees, which stocks would you recommend investing in?
- Asked By
- Updated On:21-May-2021
- Replies:2
Short Answer
There are many stocks of companies that could be invested in. For example, companies doing good in the FMCG sector, Healthcare sector, Banking sector, Consumer product sector could be invested in. these are just a few as plenty other companies could be invested in based on your requirements and strategy for investing.
Detailed Answer
The stock market is packed with opportunities to make money, provided you know what you’re doing. To even make a considerable profit, you need even bigger investment. However, here we are speaking about one crore rupees. It’s not a small sum but does help exponentially kickstart your investing desire, provided you know the ins and outs of the stock market.
With that being said, if you had one crore rupees, and you are looking to invest in the stock market specifically, then you would have to determine the type of stocks that you’re going to buy. These include small-cap stocks, large-cap stocks, dividend-oriented stocks, penny stocks, and others. You would have to determine the timing and when you want to invest, and for how long and the profits, you expect in that period.
No doubt, everyone wants to book profits, but then it comes down to your investments and the places where you’re looking to make them.
Which are the Best Stocks to Invest?
Hence, for the same reason, we have some of the sectors in which you can diversify your one-crore investment.
1. Consumer products –
These are televisions, air conditioning units, cables, and other products supplied to the consumers. Hence investing in this sector could prove profitable in the long run as the demand should increase with newer products and their growing demand. Investing 30% into this sector is viable.
2. FMCG –
Almost all FMCG companies like Britannia, Unilever, Nestle are quite established and offer a considerable return over a longer period. Moreover, the demand for goods that are essentially used daily is ever-growing. Hence, investing another 30% into this sector is viable.
3. Healthcare –
There are always greater chances for the healthcare sector to boom and gain exposure to an uptrend in their value. Constant innovations and newer practices are being made to improve human lines, and companies such as Pfizer, Fortis, Abbott India could be taken as potential investments. 20% should suffice for the total one crore investment.
4. Banking –
The sector is highly volatile considering that they can provide huge profits and similar losses, but the losses are frequent and adverse. Big players like HDFC, ICICI do sport a good amount of traction in terms of gains. Hence another 20% in this sector should suffice for your investment.
Note: These investment options are made completely because the country has no pandemic or any other situation affecting the growth of companies.
The above-given companies and the sectors are merely speculating the market and the gains that one might receive if they were to invest in them as of today. However, other large market cap companies such as RELIANCE, ITC, ADANI, JUBILANT, ASIAN PAINTS, INFOSYS, TCS, and many others do offer greater growth.
It all comes down to the sector that you’re interested in and which of them have a greater chance of growing in recent times. You can either go along with your investments or keep rotating your portfolio based on the trends projected in the market.
What do you think? Which are the best sectors to invest right now? Which stocks would you recommend to invest keeping in mind the current scenario and changes?
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Discussion (1)
Zerodha is the largest stockbroker in India which holds more than 19% of the total market share. It is good for beginners as the account and brokerage charges are low. It offers a great trading platform and has a simple-to-use UI. All these features make it a suitable choice for beginners as well as advanced traders and investors.
Yes, it is completely safe to invest your money in the stock market using Paytm money App. In fact, PayTm has come up with stock broking services recently and trying to establish itself in the said field. And, to give tough fight to top existing players it has to keep its services up to the mark. Paytm Money made a big name in mutual fund investment industry and now it's time to see its performance in the stock brokers' world.
For significant returns, one can look forward towards stock funds, real estate investments, dividend stocks, target-date funds and so on. Each one of these investments does offer something better to investors based on their capital of investments made.
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Millionaires do not put their money in one place, they scatter their funds in various investment plans to keep it more secure and to get better returns. They usually put their money in real estate, stocks, bonds, etc.
The Mirae Asset NYSE FANG Plus ETF Fund is a good option for Investors who want foreign exposure. The Equity allocation is very concentrated to just 10 stocks which makes this ETF very volatile and risky. This ETF consists of the top 10 stocks in their respective sectors mostly TECH, like Amazon, Netflix. Facebook, etc. Hence Investors with high-risk tolerance and a long time period should consider this fund.
Discount brokers have gained a lot of popularity in the past couple of years. Zerodha is currently India's largest and most trusted discount broker which is also the best option for beginners. It has all the necessary qualities required for a good broker like low commissions, low-maintenance charges, high-quality trading terminal, etc.
There are multiple avenues through which a 15% p.a. return on investment can be made. These are through equity, mutual funds, fixed deposits, government bonds, and schemes, etc.
Investing in stocks can make you a millionaire, provided you follow the necessary steps. These include investing regularly, picking good quality stocks, and most importantly playing the long-term game rather than trying to make a million in months or a couple of years.
Liquid funds, a type of mutual funds which invest in different money market instruments. The withdrawals from these funds are processed within 24 hours and that's why these are regarded as liquid assets. The fund manager gets flexibility to meet immediate redemption requests.
Harshil Patel
the best solution would be to invest in mutual funds. You don't have to do anything and leave it to them to invest your money. However, if you want to invest it by yourself, get ready to research extensively while diversifying your portfolio into major market sectors offering consistent growth throughout the years.