What are best stocks for college students to invest in India?

Last Updated: 27-Sep-2022

Short Answer

The best stocks for college students to invest in in India are those with strong fundamentals and high dividend yields, such as Reliance Ltd., ITC Ltd., and Infosys Ltd.

Detailed Answer

College is actually one of the best times to start investing because the earlier you start, the more time you will give your money to grow. When most college students spend money on useless items, you will be growing your money and learning to manage risk without taking a significant financial loss, which will set you apart from the crowd.

Why investing early is important?

Here are the pros of investing early:

1. Improves spending habits:

Putting money into investments teaches you to manage your finances wisely, and watching your money grow will turn you into a savvy investor.

2. Benefits of compounding:

The earlier you start investing, the more time you will give your money to grow through compounding and generate income for you.

3. Secure Future:

Your future will be secured by early investments, and you will have enough money to rely on after 40 or 50 years.

4. Passive Income:

The money will keep compounding and eventually become a source of passive income.

How to start the investment?

To start your investment journey, you need to open a demat account. You can open a demat account with any SEBI registered discount broker available in India.

It's simple to open a demat account with online brokers; all you need is a savings bank account, a PAN card (mandatory), and a valid address proof. After following a few quick steps, your account will be ready for investments.

What are best stocks for college students to invest in India?

  • Fundamentally Strong
  • Making consistent profit
  • Quality stocks with average stock price
  • Dividend-yielding stock(s)

Best Stocks for College Students to Invest in India

Here's a list of some of the best stocks for students:

1. Reliance Industries

Reliance Industries is the industry leader in both the products and services sectors. It engaged in the oil, gas, retail, and digital services industries.

  • Market Cap : Rs 17,73,238 Cr
  • Current share price : Rs 2,588
  • P/E (price to earnings ) ratio: 26.52
  • 5 years return: 205.41 %
  • Dividend Yield: 0.31 %

2. ITC Ltd

ITC Limited is a high dividend-yielding company engaged in the marketing of fast-moving consumer goods (FMGC). The company operates through four segments: FMGC, Hotels, Paper, Packaging, and Packaging and Agri-Business

  • Market Cap : Rs 4,14,418 Cr
  • Current share price: Rs 335
  • P/E (price to earnings ) ratio: Rs 27.27
  • 5 years return: 23.30 %
  • Dividend Yield: 3.41 %

3. HDFC Bank Ltd

HDFC Bank Limited offers a range of banking services like savings accounts, fixed deposits, personal loans, education loans, SME loans, etc.

  • Market Cap : Rs 8,42,175 Cr
  • Current share price: Rs 1,528
  • P/E (price to earnings ) ratio: Rs 22.20
  • 5 years return: 66.21 %
  • Dividend Yield: 1.02 %

4. Infosys Ltd

Infosys Limited provides outsourcing, next-generation services, and technology consulting.

  • Market Cap : Rs 6,48,039 Cr
  • Current share price: Rs 1,475
  • P/E (price to earnings ) ratio: Rs 29.39
  • 5 years return: 230.66 %
  • Dividend Yield: 2.00 %

5. Hindustan Unilever Ltd

Hindustan Unilever Limited's business is centered on fast-moving consumer goods. The company is engaged in soap and detergents, personal care products, beverages, packaged foods, chemicals, and infant care products.

  • Market Cap : Rs 6,07,745 Cr
  • Current share price: Rs 2,571
  • P/E (price to earnings ) ratio: Rs 68.64
  • 5 years return: 106.07 %
  • Dividend Yield: 1.31 %

Best Stocks for College Students to Invest in India

Reliance Ltd., ITC Ltd., and Infosys Ltd. are the best stocks for college students to invest in because they have strong fundamentals, consistently make a profit, and offer high dividend.

Important: Stock Market is subject to market risk. We are not recommending to invest in any of these stocks. Please do thorough research and follow due diligence before putting in your money in any risky asset class.

This website is an informational platform only and not a substitute for any professional advice. Please take required professional advice before making any decisions based on the information given here.

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