• HDFC securities
• 05 Oct 2020
• Basket investing

When it comes to fashion, food, and sticking to a job - people handle things differently. In fact, Baby Boomers tend to remain in their first job until the day they retire, whereas Gen Y believes in changing jobs the moment it gets less challenging.

While all of this is true, what never goes out of style is earning money. What changes is how much more money we need compared to our predecessors. 

So, apart from our daily jobs, if there’s another way to create a passive income source, it’s by investing in the equity market.

But that takes a lot of effort, right?

1. You need a proper plan in place - Set up goals for the short term or long term, analyze your risk appetite, decide how much you need to invest? Etc.,

2. You have to find the right stocks, in the right balance

3. You have to keep track of the profit or loss 

4. You have to periodically review and rebalance your portfolio to ensure optimal health

5. You need constant reminders to invest consistently

6. And what if the money is locked-in and you need cash urgently, what then? 

After toiling for 55 hours a week (sometimes more) do you really have the time and energy to plan so much?

 

While some of us rely on relationship managers, others believe in handling their own finances. In either case, we all like to keep an eye on our money.

So, what if you could rely on a platform that can help you invest in equities while taking all the aforementioned efforts for you and that too at a low cost?

 

The Basket Investing platform, also known as Invest in Ideas or smallcases is a modern investing vehicle that helps you build a low-cost, diversified, long-term portfolio in the right manner.

Each basket is created and managed by experts; they are diversified, thereby reducing risks; they come with zero management fees and offer complete control over your investments.

It is ideal for all kinds of investors.

Explore all baskets