How Many Stocks Should You Own in Your Portfolio

26 December 2023
5 min read
How Many Stocks Should You Own in Your Portfolio
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

A well-managed portfolio is an asset that can grow over the years. A stock investor needs to know the stocks in which he or she is investing.

Tracking a portfolio involves monitoring investments, dividends, and returns. Monitoring a portfolio regularly on a timely basis will help investors identify potential capital gains and losses and take corrective measures, if necessary. 

When it comes to keeping track of your stock portfolio, there are a few things you should be aware of. Keep in mind that trading in the stock market can be risky, so always make sure to understand the risks involved with trading before you invest.

Why Is It Important To Monitor Stocks?

Monitoring your stocks portfolio entails keeping track of your stocks, their price movements, and the overall performance of your portfolio. You can keep track of the individual stocks in your portfolio, or you can simply track the performance of your entire stock portfolio.

It is easy to monitor your stock portfolio in India as there are many free online tools available that provide this service.

The benefits of monitoring your stock portfolio in India include:

  • You will be able to compare how much money you have invested in each stock with the value of that particular stock at any given point in time. This will help you determine whether it was a good investment decision or not.

  •  If any company goes bankrupt, then you will be able to recover some of your losses by selling off those shares at lower prices.

  • You will also be able to identify companies that have been performing well over a while even though they may not have performed well recently because they might still have better growth prospects than other companies in their industry sector or country at large, which might be more volatile due to external factors such as economic conditions. 
📣 IPOs to look out for
Companies
Type
Bidding Dates
RegularCloses Today
SMECloses Today
RegularCloses 22 Nov
SMEOpens 21 Nov
Regular-

Tips To Monitor Your Stocks Portfolio

Investing in the stock market is a great way to diversify your portfolio and increase the amount of money you have available for you and your family.

The stock market is also a good way to make more money. Stocks are shares in companies, which means that when you own a share of one company, you have an ownership stake in that company.

When a company makes profits, those profits can be used to pay dividends to shareholders who own shares in that company. If a stock rises in value, then it might be worth buying more shares because if its price increases, then it’s likely that its value will continue to rise over time.

1) Keep Yourself Updated With The Hows And Whys

Stocks are one of the most popular investments in India. It is a good idea to keep yourself updated with the latest news about the companies you have invested in.

The primary reason why people fail to succeed in the Indian stock market is that they don't know how to reinvest their dividends or how much money they should be investing in stocks each month. You should always keep track of your portfolio's performance so that you can see whether it is doing well or not.

2) Stay Updated With The Latest News

Staying updated on the latest news about your stock portfolio is an integral part of your investment strategy. This can be done by checking the website of the company, as well as its quarterly and annual reports. Make sure you're subscribed to the company's e-mail list or Twitter feed.

You can also read their company blog and social media pages. If they have a blog, check it out regularly. If they have a Twitter account, follow them so you can see what they post there.

3) Stay Alert About Quarterly Results

The quarterly news can be a good way to keep yourself updated about the stocks you own. Staying alert about the quarterly results of the companies is the basic way to know about their performance.

You should be alert because it helps you find out if your stock portfolio is doing well or not. There are various online portals that give information about their quarterly performance and also their annual results. You can also check their website for more details.

You may also want to read How to Read and Understand Quarterly Reports

4) Keep Tabs On Corporate Announcements

You should also keep tabs on corporate announcements made by the companies you own shares in so that you know what they are doing and how they are performing.

If there are any announcements or other news related to the companies in your portfolio that you want to keep track of, add them as a note on your phone calendar or as an alert in your email inbox. This way, when something important happens—like an announcement by one of the companies or a major price change—you'll be alerted right away.

5) Use Online Tools To Keep Track Of Your Investments

You can use some online tools that will help you monitor your stock portfolio in India and also help you to know about any changes that might be taking place in the market.

Monitoring your stock portfolio in India is important. It will help you avoid any problems that might arise due to a lack of knowledge or information. 

Conclusion

Keeping track of your stock portfolio in India is not as difficult as it seems. There are many options available for you to monitor your stock portfolio and make sure that you are making the right decisions at the right time. 

You can use Groww’s website to keep track of all your stocks portfolio. It provides you with real-time updates about how your stocks are performing and what is happening around them. You can also use it to get expert advice on investing in stocks and other financial instruments.

You may have a query as to how to check portfolio in Groww app, so yes you can also use Groww’s application for the same which will help you monitor your stocks portfolio on a daily basis so that you don't miss any important information about how your investments are doing. The best part about using these Groww portfolio services is that they don't require you to be an expert in finance or investing.

You May Also Be Interested to Know

1.

How to Invest in Share Market

2.

How to Determine What Stocks to Buy?

3.

How to Select Stocks for Intraday Trading in India

4.

Best Share Market Tips for Beginners

5.

How to Identify Multibagger Stocks in India

Disclaimer: This blog is solely for educational purposes. The securities/investments quoted here are not recommendatory.

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
Do you like this edition?
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.2
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ